Ethereum price (ETHUSD) didn’t show any strong move yesterday, to continue fluctuating around the EMA50, thus, no change to the expected bullish trend scenario on the intraday basis, and the price needs to get positive motive to assist to achieve our targets that start at 2545.00$ and extend to 2623.77$.
Stochastic overlaps positively now to support the chances of resuming the expected bullish trend, which will remain valid conditioned by the price stability above 2300.00$.
The expected trading range for today is between 2250.00$ support and 2490.00$ resistance.
Trend forecast: Bullish
Bitcoin price (BTCUSD) managed to touch our first waited positive target at 58480.00$, showing tight trades around 58000.00$ now, waiting to gather positive momentum that push the price to resume the bullish trend that its next target reaches 60326.70$.
Therefore, we will continue to suggest the bullish trend for the upcoming period, reminding you that breaking 56160.00$ will stop the expected rise and push the price to turn to decline.
The expected trading range for today is between 57000.00$ support and 60326.00$ resistance.
Trend forecast: Bullish
Wheat price provided additional positive trades yesterday to approach the waited target at 599.00$, and continues to move inside the bullish channel that supports the chances of surpassing the mentioned level and achieve more bullish correction on the intraday and short-term basis, to extend the targets towards 623.70$.
The EMA50 keeps supporting the suggested bullish wave, which will remain valid unless breaking 568.50$ and holding below it.
The expected trading range for today is between 575.00$ support and 599.00$ resistance.
Trend forecast: Bullish
Sugar price ended yesterday with strong positivity, as it breached 19.23$ level and settled above it, to cancel the negative effect of the double top pattern and head towards achieving expected gains on the intraday basis, targeting testing 19.60$ followed by 20.04$ levels as next positive stations.
Therefore, the bullish bias will be suggested for today, noting that breaking 19.23$ will stop the expected bullish trend and push the price to decline again.
The expected trading range for today is between 19.00$ support and 19.70$ resistance
Trend forecast: Bullish