Ethereum price (ETHUSD) continued to decline to break 3425.50$ level and close the daily candlestick below it, to fall under more negative pressure and head towards visiting 50% Fibonacci correction level at 3222.00$.
Therefore, we expect the continuation of the bearish trend domination in the upcoming sessions, noting that breaching 3425.50$ will stop the current bearish wave and lead the price to attempt to recover and achieve gains that start by visiting 3680.00$ areas.
The expected trading range for today is between 3230.00$ support and 3480.00$ resistance.
Trend forecast: Bearish
Bitcoin price (BTCUSD) settles around 96500.00$ level, and we expect the continuation of the bearish bias to test 95195.00$, being aware that it is important to monitor the price at this level, as breaking it will lead the price to achieve additional bearish correction that targets 90000.00$ followed by 87055.00$ as main negative stations.
Moving below the EMA50 supports the suggested bearish wave, while breaching 99785.00$ will stop the current negative pressure and lead the price to resume the main bullish trend again.
The expected trading range for today is between 93500.00$ support and 98500.00$ resistance.
Trend forecast: Bearish
Soybean price started to rebound bullishly after testing the support base that was formed at the breached resistance that appears on the chart, to keep the bullish trend scenario active for the upcoming period, reminding you that the expected targets begin at 1015.00$ followed by 1030.00$.
Stochastic negativity might push the price to provide new negative trades, noting that breaking 986.50$ will stop the suggested bullish wave to complete forming bearish pattern that we expect to push the price to turn to decline.
The expected trading range for today is between 985.00$ support and 1015.00$ resistance.
Trend forecast: Bullish
The USDCHF price provided clear positive trades yesterday to manage to return to the minor bullish channel that appears on the chart, approaching our first waited positive target at 0.9135, waiting for more expected rise in the upcoming sessions to visit 0.9195 as a next main target.
The EMA50 continues to support the suggested bullish wave, which will remain valid unless breaking 0.9014 and holding below it.
The expected trading range for today is between 0.9030 support and 0.9170 resistance.
Trend forecast: Bullish