The EURUSD price confirmed breaking the bullish channel’s support line to start bearish correction for the rise measured from 1.0777$ to 1.1200$, on its way to test 1.1040$ as a first correctional target, noting that breaking it will push the price towards 1.0990$ followed by 1.0940$ levels as next negative stations.

Therefore, the bearish bias will be suggested in the upcoming sessions, noting that breaching 1.1100$ followed by 1.1125$ levels will stop the expected decline and lead the price to regain the main bullish trend again.

The expected trading range for today is between 1.0990$ support and 1.1145$ resistance.

Trend forecast: Bearish

Ethereum price (ETHUSD) trades positively to breach 2545.00$ level, but as long as the price is below 2623.77$, our bearish overview will remain valid for the upcoming period, reminding you that we are waiting to visit 2340.00$ followed by 2168.74$ as main negative stations.

Bitcoin price (BTCUSD) trades positively to attempt to breach 60326.70$, which urges caution from the upcoming trading, as confirming the breach will push the price to build bullish wave that targets 62595.00$ initially, while consolidating below it will push the price to resume the bearish wave that its next target reaches 56160.00$.

Cisco Systems’ stock price (CSCO) fell in the intraday levels while gathering positive momentum to rise anew, as it also vented off overbought saturation in the RSI, with negative signals coming out of it, while the stock is buoyed by exiting the descending price channel that guided its recent short-term trading, with positive support due to trading above the 50-day SMA. 

Therefore we expect the stock to return higher, targeting the resistance of $52.60, provided the support of $48.20 holds on.

Trend forecast: Likely Bullish