Ethereum price (ETHUSD) faced new negative pressures in the previous sessions to break 2496.22$ level and reach 2432.00$, noticing that the price attempts to recover and test the resistance line formed at 2496.22$, which forms solid barrier against the positive attempts, which makes us prefer to stay aside until we get clearer signal for the next trend, through breaching one of the mentioned levels.

Note that breaching 2496.22$ resistance will lead the price to recover again and achieve gains that start at 2548.15$ and extend to 2600.00$, while breaking 2432.00$ support represents the key to resume the bearish wave and achieve new negative targets that reach 2328.15$ areas.

The expected trading range for today is between 2360.00$ support and 2600.00$ resistance.

Trend forecast: Neutral

Bitcoin price (BTCUSD) shows new positive trades and attempts to surpass 68000.00$ barrier, to keep the bullish trend scenario valid and active for the upcoming period, and the price needs to get positive motive that assist to push the price to rally towards our next waited target at 70000.00$.

Breaching 68300.00$ will ease the mission of achieving the waited target, while breaking 66920.00$ will put the price under intraday negative pressure that might force it to visit 65485.00$ areas again before any new attempt to rise.

The expected trading range for today is between 66600.00$ support and 70000.00$ resistance.

Trend forecast: Bullish

Wheat price bounced downwards clearly in the previous sessions after approaching 599.00$ level, to reach the thresholds of the waited negative target at 568.50$, and we suggest breaking this level to achieve additional negative targets that extend to 555.60$.

Therefore, the negative scenario will remain valid and active, noting that breaching 599.00$ will stop the bearish wave and push the price to turn to rise.

The expected trading range for today is between 565.00$ support and 585.00$ resistance.

Trend forecast: Bearish

Sugar price bounced bearishly again after testing 22.15$ level in the previous sessions, but it found solid support at 21.55$, waiting to get negative motive that assist to push the price to break this level and confirm the continuation of the bearish trend on the intraday and short-term basis, reminding you that breaking the mentioned level will push the price towards 20.80$ direct.

Therefore, we will continue to suggest the bearish trend for the upcoming period unless breaching 22.15$ and holding above it.

The expected trading range for today is between 21.30$ support and 22.00$ resistance

Trend forecast: Bearish