The tight range continues to dominate Ethereum price trades, which remains stable below 884.42 level, thus, no change to the expected bearish trend scenario on the intraday and short term basis, supported by stochastic negativity that appears on the four hours’ time frame, noting that we are waiting to target 821.06 followed by 723.48 levels as next main stations.
Expected trading range for today is between 800.00 support and 920.00 resistance
Expected trend for today: Bearish
Ripple price trades with clear positivity on yesterday’s evening to breach 0.98 level and attempts to hold above it, which hints the price head to recover on the intraday and short term basis, targeting testing 1.07 level as a next station.
Therefore, the bullish trend will be suggested in the upcoming period supported by the EMA50 besides stochastic move at the oversold areas now, noting that breaking 0.98 followed by 0.89 levels will stop the expected rise and push the price to decline again.
Expected trading range for today is between 0.89 support and 1.07 resistance
Expected trend for today: Bullish
Bitcoin price shows positive trades by today’s opening to resume its bullish track after building support base above 10748.00 level, which supports the expectations of achieving more gains in the upcoming sessions, reinforced by stochastic and the EMA50 positivity, waiting to test 102852.65 level as a next station.
Therefore, we are waiting for more rise today unless breaking 10748.00 level and holding below it.
Expected trading range for today is between 10748.00 support and 12850.00 resistance
Expected trend for today: Bullish
The USDCHF pair continued to decline to break 0.9373 level and settles below it, which puts the price under the negative pressure again, especially that the price moves below the EMA50, to head towards targeting 0.9186 as a next main station.
Therefore, the bearish bias will be expected in the upcoming sessions unless the price managed to breach 0.9373 level and hold with a daily close above it.
Expected trading range for today is between 0.9280 support and 0.9400 resistance.
Expected trend for today: Bearish