Bitcoin price (BTCUSD) opened today’s trading with clear positivity to surpass 100000.00$ barrier and confirm the continuation of the bullish trend domination on the intraday basis, and the way is open to achieve our next waited target at 103500.00$, noting that surpassing this level will push the price to head towards the historical high at 108350.45$ as a next main station.

Therefore, we will continue to suggest the bullish trend for the upcoming period, noting that breaking 99695.00$ will put the price under negative pressure and might target the key support 95195.00$ before any new attempt to rise.

The expected trading range for today is between 99500.00$ support and 104500.00$ resistance.

Trend forecast: Bullish

Wheat price faced negative pressure yesterday to break 548.40$ level and settle below it, to stop the recently suggested positive scenario and head towards resuming the main bearish trend again, on its way to achieve negative targets that start at 532.50$ and extend to 519.10$.

The continuation of the bearish wave depends on the price stability below 548.40$, as breaching it will lead the price to recover again to head towards achieving gains that reach 568.50$.

The expected trading range for today is between 535.00$ support and 550.00$ resistance.

Trend forecast: Bearish

The USDCHF price continued to decline to break the intraday bullish channel’s support line, to head towards achieving expected decline in the upcoming sessions, targeting testing 0.9035 – 0.9014 levels.

Therefore, the bearish bias will be suggested for today, noting that the expected decline is temporary, waiting to resume the main bullish trend, taking into consideration that breaching 0.9145 will stop the suggested negative scenario and push the price to rise again.

The expected trading range for today is between 0.9035 support and 0.9180 resistance.

Trend forecast: Bearish temporarily

The NZDUSD price fluctuates around the EMA50, settling at the bearish channel’s resistance line, waiting to resume the bearish trend to target 0.5540$ followed by 0.5450$ levels as next main stations.

Holding below 0.5620$ is important to the continuation of the expected decline, noting that breaching it will lead the price to achieve bullish correction that its targets begin by visiting 0.5738$ areas.

The expected trading range for today is between 0.5550$ support and 0.5650$ resistance

Trend forecast: Bearish