Ethereum price (ETHUSD) fluctuates around the EMA50 that forms good resistance against the price, and stochastic loses its positive momentum clearly, waiting to motivate the price to resume the expected bearish trend for the upcoming period, which targets 3222.00$ followed by 3017.304 as next main stations.
On the other hand, we should note that breaching 3510.00$ will push the price to build bullish wave that its targets begin by testing 3680.00$ areas.
The expected trading range for today is between 3240.00$ support and 3500.00$ resistance.
Trend forecast: Bearish
Bitcoin price (BTCUSD) is testing the key resistance 95195.00$ now, noticing that the EMA50 meets this resistance to add more strength to it, while stochastic loses its positive momentum clearly to show overbought signals now.
Therefore, these factors encourage us to keep our expectations of continuing the bearish correction in the upcoming sessions, reminding you that our targets begin at 91000.00$ and extend to 87055.00$, reminding you that breaching 95195.00$ will stop the bearish trend and push the price to return to the main bullish track again.
The expected trading range for today is between 91500.00$ support and 96500.00$ resistance.
Trend forecast: Bearish
The USDCHF price shows some slight bearish bias affected by stochastic negativity, and it might test the key support base 0.9014 before turning back to rise again, and the EMA50 meets this support to add more strength to it.
Therefore, we will continue to suggest the bullish trend for the upcoming period, which its next target located at 0.9100, noting that breaking 0.9014 will stop the bullish wave and push the price to turn to decline.
The expected trading range for today is between 0.8980 support and 0.9110 resistance.
Trend forecast: Bullish
The NZDUSD price provided negative trades in the previous sessions and attempted to approach the first waited target at 0.5550$, but it shows some bullish bias now to approach the EMA50, waiting to resume the main bearish wave that targets 0.5550$ followed by 0.5460$ levels as main negative stations.
Holding below 0.5665$ represents the first condition to the continuation of the expected decline, as breaching it will push the price to achieve additional gains that reach 0.5720$ before turning back to decline again.
The expected trading range for today is between 0.5560$ support and 0.5660$ resistance
Trend forecast: Bearish