The EURUSD price confirmed breaking the bullish channel’s support line after ending yesterday below it, to head towards achieving bearish correction for the rise measured from 1.0665$ to 1.0947$, noting that breaking 1.0880$ will push the price towards 1.0840$ followed by 1.0775$ as next negative stations.
Therefore, the bearish bias will be suggested for today, noting that breaching 1.0920$ will stop the current negative pressure and lead the price to attempt to return to the main bullish track again.
The expected trading range for today is between 1.0800$ support and 1.0960$ resistance.
Trend forecast: Bearish
Ethereum price (ETHUSD) trades negatively now to test the key support 3360.31$, which urges caution from the upcoming trading, as the price needs to hold above this level to keep the bullish trend active for the upcoming period, which its targets begin by breaching 3505.00$ to confirm rallying towards 3641.82$ followed by 3890.00$ as next positive stations.
Bitcoin price (BTCUSD) faces negative pressure to break the bullish channel’s support line and hints heading to turn to decline in the upcoming sessions, on its way to achieve negative targets that start at 62000.00$ and extend to 60330.00$, noting that breaching 64555.00$ will stop the current negative pressure and lead the price to turn again.
Gold price trades with clear negativity to attack 2450.00$ and attempts to hold below it, which urges caution from the upcoming trading, as confirming breaking this level by closing the day below it will push the price to suffer intraday losses and visit 2425.00$ followed by 2410.00$ as initial negative stations, while the price needs to trade above 2450.00$ again to resume the main bullish track again.