Brent Crude faces negative pressure -Analysis-07-05-2025
Brent crude oil price settled on gains in its recent intraday trading, testing the main bearish trend line on the short-term basis, hitting the resistance of the EMA50, to stop near the critical resistance at $62.60, after a strong bullish correctional journey yesterday, noticing the beginning of the negative signals emergence on the (RSI) increasing the negative pressures on the price in the upcoming trading.
Do you need help in trading decisions? Do you want to learn how to start trading?
Join Economies.com VIP Club and benefit from over 15 years of market analysis expertise and get:
- Full coverage of commodities such as gold, oil, silver, and more
- Full coverage of all major forex currency pairs
- Full coverage of key global indices and stocks
- Full coverage of major cryptocurrencies and meme coins
- Accurate analysis and daily updated price forecasts
- Exclusive and breaking news
- Reliable trading ranges for effective risk management
- Comprehensive educational materials, competitions and prizes!
- Innovative tools to enhance your trading performance
Special Offer: Subscribe to the Economies.com VIP channel and get also a free subscription to a trusted trading signals channel provided by Best Trading Signal.
Ethereum (ETHUSD) breaches key resistance -Analysis-07-05-2025
Ethereum (ETHUSD) price settled on strong gains in its recent intraday trading, supported by the emergence of the positive signals on (RSI), after reaching oversold levels, amid the dominance of the bullish correctional trend on the short- term basis and its trading alongside bias line, to breach the main resistance level a t$1,800, accompanied by surpassing the resistance of EMA50, to get rid of its negative pressure, which represents a new positive motive towards more of the bullish bias.
Do you need help in trading decisions? Do you want to learn how to start trading?
Join Economies.com VIP Club and benefit from over 15 years of market analysis expertise and get:
- Full coverage of commodities such as gold, oil, silver, and more
- Full coverage of all major forex currency pairs
- Full coverage of key global indices and stocks
- Full coverage of major cryptocurrencies and meme coins
- Accurate analysis and daily updated price forecasts
- Exclusive and breaking news
- Reliable trading ranges for effective risk management
- Comprehensive educational materials, competitions and prizes!
- Innovative tools to enhance your trading performance
Special Offer: Subscribe to the Economies.com VIP channel and get also a free subscription to a trusted trading signals channel provided by Best Trading Signal.
Bitcoin (BTCUSD) in a truce to catch its breath -Analysis-07-05-2025
Bitcoin (BTCUSD) price settled with sharp gains in its recent intraday trading, after it succeeded to breaching the resistance level at $95,600, accompanied by surpassing the support of EMA50, to get rid of its negative pressure, supported by the emergence of the positive signals on the (RSI), affected by the dominance of the main bullish trend on the short-term basis.
Do you need help in trading decisions? Do you want to learn how to start trading?
Join Economies.com VIP Club and benefit from over 15 years of market analysis expertise and get:
- Full coverage of commodities such as gold, oil, silver, and more
- Full coverage of all major forex currency pairs
- Full coverage of key global indices and stocks
- Full coverage of major cryptocurrencies and meme coins
- Accurate analysis and daily updated price forecasts
- Exclusive and breaking news
- Reliable trading ranges for effective risk management
- Comprehensive educational materials, competitions and prizes!
- Innovative tools to enhance your trading performance
Special Offer: Subscribe to the Economies.com VIP channel and get also a free subscription to a trusted trading signals channel provided by Best Trading Signal.
Crude oil stands at a key resistance -Analysis-07-05-2025
The crude oil price settled high in its recent intraday trading, to test the critical resistance at $59,65, this level represents a turning point, accompanied by reaching the resistance of EMA50, and testing the bearish trend line on the short- term basis.
The beginning of the negative signals emergence on the (RSI) strengthens this area, after reaching exaggerated overbought areas compared to the price move, which suggests forming a negative divergence.
Do you need help in trading decisions? Do you want to learn how to start trading?
Join Economies.com VIP Club and benefit from over 15 years of market analysis expertise and get:
- Full coverage of commodities such as gold, oil, silver, and more
- Full coverage of all major forex currency pairs
- Full coverage of key global indices and stocks
- Full coverage of major cryptocurrencies and meme coins
- Accurate analysis and daily updated price forecasts
- Exclusive and breaking news
- Reliable trading ranges for effective risk management
- Comprehensive educational materials, competitions and prizes!
- Innovative tools to enhance your trading performance
Special Offer: Subscribe to the Economies.com VIP channel and get also a free subscription to a trusted trading signals channel provided by Best Trading Signal.