Ethereum price (ETHUSD) returns to fluctuate around the first key support 2623.77$, noticing that stochastic gathers the positive momentum clearly and enters the oversold areas, waiting to assist to push the price to rise again and head to achieve our next main positive target that reaches 2905.28$.

Therefore, the bullish trend will remain suggested for the upcoming period, noting that breaking 2623.77$ followed by 2545.00$ levels will stop the expected rise and push the price to turn to decline.

The expected trading range for today is between 2550.00$ support and 2800.00$ resistance.

Trend forecast: Bullish

Bitcoin price (BTCUSD) ended yesterday below 60326.70$ level, and shows more decline to approach 58000.00$ barrier, and by taking a deeper look at the chart, we find that the price completes forming double top pattern that we expect to push the price to surpass 56160.00$ to achieve additional negative targets that reach 51990.00$.

Therefore, we suggest the continuation of the bearish trend domination in the upcoming sessions, taking into consideration that breaching 60326.70$ will stop the expected decline and lead the price to rise again.

The expected trading range for today is between 55800.00$ support and 60000.00$ resistance.

Trend forecast: Bearish

Wheat price opens today’s trading with clear positivity to breach 557.50$ and head towards achieving expected gains in the upcoming sessions, on its way to visit 578.40$ initially, which represents the first correctional level for the decline that started from 728.30$ areas, which means that breaching it will lead the price to achieve additional gains that extend to 607.00$.

Therefore, we expect to witness more rise on the intraday basis unless breaking 550.50$ and holding below it.

The expected trading range for today is between 550.00$ support and 575.00$ resistance.

Trend forecast: Bullish

Sugar price shows more bearish bias to reach the waited target at 17.96$, and we suggest the continuation of the negative pressure to surpass this level and open the way to achieve additional negative targets that reach 17.35$.

Therefore, the bearish trend will remain valid for the upcoming period, noting that breaching 18.60$ will stop the bearish wave and push the price to achieve bullish correction on the intraday basis.

The expected trading range for today is between 17.70$ support and 18.35$ resistance

Trend forecast: Bearish