Ethereum price (ETHUSD) hovers around 3680.00$ level, waiting to get positive motive that assist to push the price to resume the bullish wave and head towards our targets that start at 3760.00$ and extend to 3900.00$ after breaching the previous level.
Stochastic attempts to gather the positive momentum to assist to push the price to continue the rise, taking into consideration that failing to consolidate above 3680.00$ might force the price to decline and start bearish wave that targets 3550.00$ initially.
The expected trading range for today is between 3560.00$ support and 3800.00$ resistance.
Trend forecast: Bullish
Bitcoin price (BTCUSD) settles near 102000.00$, waiting to resume the expected bullish wave on the intraday and short-term basis, reminding you that our next target is located at 105100.00$.
The EMA50 keeps supporting the suggested bullish wave, noting that breaking 99000.00$ will stop the bullish rally and push the price to test the key support 95195.00$ before any new attempt to rise.
The expected trading range for today is between 99500.00$ support and 105000.00$ resistance.
Trend forecast: Bullish
Wheat price traded with clear positivity yesterday to reach the key resistance 547.70$, noticing that the price begins today with bearish bias on its way to resume the expected bearish trend for the upcoming period, motivated by stochastic positivity that appears clearly now, waiting for more decline to visit 519.10$ as a next main target.
Therefore, we will continue to suggest the bearish trend on the intraday and short-term basis unless breaching 547.70$ and holding above it.
The expected trading range for today is between 525.00$ support and 547.00$ resistance.
Trend forecast: Bearish
Soybean price faced new negative pressure to test the key support 990.00$, which urges caution from the upcoming trading, as we witness signs of double top pattern that might turn the intraday track to decline in case breaking the mentioned support.
The technical indicators provide positive signals that support the chances to rise in the upcoming sessions, waiting to target 1015.00$ followed by 1030.00$ levels that represent the suggested wave targets, reminding you that it is important to hold above 990.00$ to guarantee the continuation of the bullish trend.
The expected trading range for today is between 980.00$ support and 1015.00$ resistance.
Trend forecast: Bullish