Ethereum price (ETHUSD) recent trades are confined within ascending triangle pattern that appears on the chart, and the price needs to surpass 2650.00$ to activate the positive effect of this pattern followed by rallying towards our next waited target at 2720.00$.

Therefore, we will continue to suggest the bullish trend for the upcoming period, supported by the EMA50, noting that breaking 2600.00$ might push the price to decline and test the key support 2515.00$ before any new attempt to rise.

The expected trading range for today is between 2550.00$ support and 2750.00$ resistance

Trend forecast: Bullish

Bitcoin price (BTCUSD) provided new positive trades yesterday and approach our new waited target at 68400.00$, waiting for more rise within the bullish channel that appears on the chart, noting that the next targets reach 70000.00$ followed by 70850.00$.

Holding above 65480.00$ is important to the continuation of the expected rise, as breaking it will put the price under intraday negative pressure and might head to test the bullish channel’s support line around 61255.00$ before any new attempt to rise.

The expected trading range for today is between 66000.00$ support and 70000.00$ resistance

Trend forecast: Bullish

Wheat price is testing the key resistance 599.00$ and keeps its stability below it, noticing that the EMA50 meets this level to add more strength to it, while stochastic loses its positive momentum clearly.

Therefore, these factors encourage us to suggest the decline in the upcoming sessions, reminding you that our targets begin at 585.00$ and extend to 568.50$, while breaching 599.00$ will stop the negative scenario and lead the price to achieve more bullish correction.

The expected trading range for today is between 585.00$ support and 602.00$ resistance

Trend forecast: Bearish

Sugar price showed strong rise yesterday and reached 25.00$ areas, but it bounced downwards sharply to settle below 22.73$ level, which keeps the overall negative scenario valid for the upcoming period, waiting to test 21.55$ initially, noting that breaking it will push the price towards 20.80$ as a next negative target.

Stochastic shows negative signals that support the expectations to decline, which will remain valid conditioned by the price stability below 22.73$.

The expected trading range for today is between 21.25$ support and 22.10$ resistance

Trend forecast: Bearish