Ethereum price (ETHUSD) bounced bearishly after touching our waited target at 3440.00$, noticing that the price is moving within bullish channel that supports the chances of resuming the main bullish trend, waiting to breach the mentioned level to open the way to head towards 3565.00$ followed by 3690.00$ levels as next positive stations.

The technical indicators provide positive signals that support the expectations to rise in the upcoming sessions, noting that breaking 3185.00$ will stop the bullish trend and push the price to achieve additional bearish correction that its next target reaches 3026.70$.

The expected trading range for today is between 3220.00$ support and 3480.00$ resistance.

Trend forecast: Bullish

Bitcoin price (BTCUSD) faced temporary negative pressure in the previous sessions to break the bullish channel’s support line, noticing that the recent trades are confined within minor bearish channel that we believe it forms bullish flag pattern, thus, breaching 98070.00$ will activate the positive effect of this pattern and push the price to resume the main bullish trend, which its new targets begin at 100000.00$ and extend to 106000.00$.

Stochastic provides positive signals that we are waiting to motivate the price to rise in the upcoming sessions, noting hat breaking 95820.00$ will stop the positive scenario and push the price to start bearish correction on the intraday basis.

The expected trading range for today is between 96000.00$ support and 101000.00$ resistance.

Trend forecast: Bullish

Soybean price trades positively to test 990.00$ barrier, noticing that stochastic loses its positive momentum clearly, to support the chances of resuming the expected bearish trend for the upcoming period, which targets 960.30$ mainly.

The negative pressure formed by the EMA50 supports the expected decline, which will remain valid conditioned by the price stability below 993.00$.

The expected trading range for today is between 975.00$ support and 995.00$ resistance.

Trend forecast: Bearish

Corn price is testing the key support 434.30$ and attempts to consolidate above it, to keep the bullish trend scenario valid and active for the upcoming period, which targets 445.40$ areas mainly.

Holding above 434.30$ is important to the continuation of the expected rise, as breaking it will put the price under new negative pressure that its targets begin by visiting 425.30$ areas.

The expected trading range for today is between 430.00$ support and 440.00$ resistance.

Trend forecast: Bullish