The GBPJPY pair ended the recent negative attack by facing solid support at 190.70, affected by stochastic positivity to form strong correctional bullish rebound and test the broken bearish channel’s support line at 192.15.

The contradiction between the major indicators might force the price to provide some sideways trades today, while the frequent consolidation above the mentioned support might assist to surpass 192.15 level to start forming bullish waves that might extend towards 192.80 first, followed by reaching 194.05 on the near-term basis.

The expected trading range for today is between 191.70 and 192.80

Trend forecast: Bullish

Ethereum price (ETHUSD) continue to rise to come very close to the second waited target at 3700.00$, noticing that the price begins today with clear negativity, affected by stochastic negativity, and it might test the support base formed at 3545.30$ before turning back to rise again.

Therefore, we will continue to suggest the overall bullish trend, organized inside the bullish channel that appears on the chart, noting that breaking 3545.30$ will put the price under additional negative pressure that targets testing the bullish channel’s support line around 3330.00$ before any new attempt to rise.

The expected trading range for today is between 3460.00$ support and 3750.00$ resistance.

Trend forecast: Bullish

Bitcoin price (BTCUSD) begins today negatively to press on 95820.00$ level, which hints heading to turn to decline in the upcoming sessions, especially that stochastic provides clear negative signals now.

Therefore, we will stay aside until we get clearer signal for the next trend, noting that trading above 95820.00$ will revive the positive scenario that targets 98000.00$ followed by 100000.00$ levels as next main stations, while continuing to decline and breaking 94695.00$ will push the price to suffer additional losses and head to visit 91855.00$ areas initially.

The expected trading range for today is between 93000.00$ support and 98000.00$ resistance.

Trend forecast: Neutral

The USDCHF price broke 0.8850 clearly to trade with clear negativity and head towards the expected negative target at 0.8778, noting that the continuation of the decline and breaking this level will extend the bearish wave to reach 0.8673 areas as a next main station.

Holding below 0.8883 keeps the negative scenario valid, as breaching it will lead the price to recover and resume the bullish track again.

The expected trading range for today is between 0.8770 support and 0.8890 resistance.

Trend forecast: Bearish