Ethereum price (ETHUSD) broke 2600.05$ level strongly to suffer additional losses on the intraday basis, as it surpassed 2550.00$ to start pressing on 2496.20$ level now, to hint heading to continue the decline and achieve new negative targets that extend to 2432.00$.

Therefore, the bearish trend will be suggested for today, noting that breaching 2600.05$ will release the price from the current negative pressure to head towards building bullish wave on the intraday and short term basis.

The expected trading range for today is between 2370.00$ support and 2620.00$ resistance.

Trend forecast: Bearish

Bitcoin price (BTCUSD) keeps declining to achieve the negative target suggested in our last technical update at 69605.00$, falling under more negative pressure to surpass this level and head towards achieving more expected decline in the upcoming sessions, noting that our next station reaches 67480.00$.

Therefore, we expect to witness additional negative trades on the intraday basis, taking into consideration that breaching 70555.00$ will stop the current negative pressure and lead the price to attempt to regain the main bullish trend again.

The expected trading range for today is between 67300.00$ support and 70800.00$ resistance.

Trend forecast: Bearish

Sugar price rallied upwards strongly after consolidating above 21.55$ level, to breach 22.15$ and head towards achieving expected gains in the upcoming period, targeting 22.73$ initially, noting that breaching this level will extend the bullish wave to reach 23.35$ as a next positive station.

Moving above the EMA50 supports the expected rise, which will remain valid unless breaking 22.15$ and holding below it again.

The expected trading range for today is between 22.10$ support and 22.90$ resistance

Trend forecast: Bullish

Soybean price opens today’s trading with clear positivity to breach the intraday bearish trend line that appears on the chart and heads towards building expected bullish wave in the upcoming sessions, on its way to visit 1028.80$ areas as a next main station.

Therefore, the bullish bias will be expected for today, noting that breaking 993.50$ will stop the expected rise and push the price to decline again.

The expected trading range for today is between 990.00$ support and 1020.00$ resistance.

Trend forecast: Bullish