Ethereum price (ETHUSD) managed to achieve our first waited target at 2340.00$, as it opens today with clear negativity that reinforces the chances of continuing the bearish trend and head to achieve more expected decline on the intraday basis, noting that our next negative station reaches 2168.74$.

Stochastic current positivity might cause some temporary sideways fluctuation before resuming the bearish trend, which gets continuous support by the EMA50, reminding you that the continuation of the bearish wave depends on the price stability below 2545.00$ and 2623.77$ levels.

The expected trading range for today is between 2320.00$ support and 2500.00$ resistance.

Trend forecast: Bearish

Bitcoin price (BTCUSD) traded with clear negativity by today’s open, to touch our waited target at 56160.00$ and attempt to break it, to hint heading to achieve more decline in the upcoming sessions, noting that confirming the break will open the way to head towards 51990.00$ as a next negative station.

The EMA50 forms continuous negative pressure against the price to support the expectations to continue the bearish trend, which will remain valid unless the price rallied to beach 60326.70$ and hold above it.

The expected trading range for today is between 54300.00$ support and 58200.00$ resistance.

Trend forecast: Bearish

Wheat price rallied upwards to succeed achieving our waited target at 564.60$, and surpassed this level to open the way to achieve bullish correction for the decline that started from 728.30$ areas, noting that breaching 568.50$ will push the price to head towards 599.00$ areas as a next main station.

Therefore, we expect to witness more rise in the upcoming sessions, noting that breaking 555.00$ will stop the positive scenario and push the price to turn to decline.

The expected trading range for today is between 560.00$ support and 580.00$ resistance.

Trend forecast: Bullish

Sugar price traded with clear negativity yesterday and reached 19.23$ level, but it bounced upwards strongly to settle above 19.60$ level again, which keeps the bullish trend scenario active for the upcoming period, waiting to test 20.04$ initially, noting that breaching it will push the price to 20.76$ on the near-term basis.

Stochastic overlaps positively to support the expectations to rise, noting that breaking 19.60 followed by 19.23$ levels will stop the positive scenario and push the price to turn to decline.

The expected trading range for today is between 19.35$ support and 20.10$ resistance

Trend forecast: Bullish