Ethereum price (ETHUSD) managed to breach 2764.75$ and hold above it, reinforcing the expectations of continuing the bullish trend in the upcoming sessions, on its way to visit 3017.30$ as a next target, noting that breaching this level will push the price towards 3222.00$ as a next positive station.
Holding above 2764.75$ is important to the continuation of the expected rise, as breaking it will put the price under new negative pressure to head towards testing 2356.50$ areas on the near-term basis.
The expected trading range for today is between 2650.00$ support and 2970.00$ resistance.
Trend forecast: Bullish
Bitcoin price (BTCUSD) continued to rise to breach 100000.00$ and settle above it, to confirm regaining the bullish trend after the sharp decline that it witnessed yesterday, on its way to achieve positive targets that start at 105000.00$ and extend to 108350.00$.
Stochastic current negativity might cause some temporary sideways fluctuation before resuming the expected rise, noting that failing to consolidate above 100000.00$ might force the price to suffer new losses and test the key support 95195.00$ before any new attempt to rise.
The expected trading range for today is between 98000.00$ support and 105000.00$ resistance.
Trend forecast: Bullish
Soybean price rose clearly yesterday, to breach the resistance line that appears on the chart and settle above it, which stops the negative scenario suggested in our previous report to head towards continuing the rise on the intraday and short-term basis, targeting 1080.00$ followed by 1100.00$ levels mainly.
Therefore, the bullish trend will be expected for today unless breaking 1055.00$ and holding below it.
The expected trading range for today is between 1040.00$ support and 1085.00$ resistance.
Trend forecast: Bullish
Corn price bounced upwards strongly to return to the bullish channel again, to stop the correctional bearish scenario and head towards resuming the main bullish trend, and it needs to breach 504.00$ to confirm opening the way to target 516.00$ - 520.00$ levels as next main stations.
The EMA50 supports the expected rise, which will remain valid conditioned by the price stability above 491.00$.
The expected trading range for today is between 493.00$ support and 510.00$ resistance.
Trend forecast: Bullish