Ethereum price (ETHUSD) touched 3425.50$ level and attempts to breach it, waiting for more to achieve new positive targets that extend to 3500.00$ followed by 3680.00$, to continue suggesting the bullish trend for the upcoming period unless breaking 3222.00$ and holding below it.
The expected trading range for today is between 3140.00$ support and 3425.00$ resistance.
Trend forecast: Bullish
Bitcoin price (BTCUSD) rallied upwards sharply to succeed touching our waited target at 108350.45$ and approached 110000.00$ barrier, and the way seems open to continue the rise to achieve additional gains that extend to 112000.00$, noting that breaking 104900.00$ will put the price under negative pressure to head towards testing key support levels that start at 98930.00$.
The expected trading range for today is between 106500.00$ support and 111000.00$ resistance.
Trend forecast: Bullish
The major currencies’ pairs and commodities show calm and weak trades since morning, affected by the US holidays, to keep the morning suggested scenario valid without any change for today, and we recommend checking them to review the expected targets and trends for the upcoming period.
The EURCHF price succeeded to hold above 23.6% Fibonacci correction level at 0.9380 to increase the chances of activating the bullish attack, to notice the continuous positive pressures on the MA55 at 0.9405.
Note that stochastic begins to provide the positive momentum by settling above 50 level to reinforce the chances of forming strong bullish waves to expect moving towards 0.9445 obstacle followed by waiting to touch the first main target at 0.9485.
The expected trading range for today is between 0.9390 and 0.9445
Trend forecast: Bullish