Ethereum price (ETHUSD) attempted to break 3017.30$ level and approached 2900.00$ level, but it bounced upwards clearly to head towards potential test to the key resistance 3222.00$, and as we mentioned in our last report, the price needs to hold below this level to keep the bearish trend valid for the upcoming period, which its next main target reaches 2765.00$ areas.

The technical indicators support the expected decline, noting that breaching 3222.00$ will push the price to achieve more gains and open the way to visit 3425.50$ areas before determining the next destination clearly.

The expected trading range for today is between 3020.00$ support and 3290.00$ resistance.

Trend forecast: Bearish

Bitcoin price (BTCUSD) bounced upwards strongly after approaching 89000.00$ barrier, to test the key resistance line 95195.00$ again, noticing that the EMA50 meets this level to add more strength to it, while stochastic loses the positive momentum clearly.

Therefore, these factors encourage us to suggest the decline in the upcoming sessions, reminding you that the next main target extends to 87055.00$, while breaching 95195.00$ and holding above it will stop the current bearish correction to attempt to regain the main bullish trend again.

The expected trading range for today is between 91500.00$ support and 96000.00$ resistance.

Trend forecast: Bearish

Wheat price traded with clear positivity yesterday to breach 548.00$ and settle above it, to head towards achieving expected gains in the upcoming session and head towards testing 568.50$ areas mainly.

Therefore, the bullish bias will be suggested for today, noting that breaking 546.80$ will stop the bullish rally to push the price to resume the main bearish track again.

The expected trading range for today is between 545.00$ support and 560.00$ resistance.

Trend forecast: Bullish

Sugar price continued to decline to break 18.25$ and closed the daily candlestick below it, to fall under more expected negative pressure in the upcoming sessions, targeting testing 17.70$ mainly.

Therefore, the bearish bias will be suggested for today, taking into consideration that breaching 18.45$ will stop the expected negative pressure and lead the price to recover again.

The expected trading range for today is between 17.70$ support and 18.40$ resistance

Trend forecast: Bearish