Forecast update for silver -01-05-2025
The silver price rose slightly in its last intraday trading, attempting to recover some early losses, amid the dominance of a minor bearish wave on a short-term basis, with the return of the negative signals on the (RSI), after offloading some of its oversold conditions, which increases the negative pressure on the price.
Therefore, our expectations suggest the decline in the silver price in its upcoming intraday trading, targeting the key support level near $31.90 preparing to break it.
The expected trading range for today is between $31,70 support and $32.60 resistance.
Today’s forecast: Bearish
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.
Forecast update for Ethereum-01-05-2025
Ethereum price (ETHUSD) rose in its last intraday trading, settled above the resistance at $1.800, to move in its way to confirm breaching this stubborn resistance, and we are still waiting for a good close above it, while the continuation of the positive support due to its trading above EMA50, with the emergence of the positive signals on the (RSI).
Therefore, our expectations suggest (ETHUSD) price rise in their upcoming trading on the intraday levels, conditioned by its stability above $1,800, to target the next main resistance at $1,900.
The expected trading range for today is between $1,750 support and $1,865 resistance.
Today’s forecast: Bullish
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.
Forecast update for gold -01-05-2025
Gold price continued the decline in its last intraday trading, amid the dominance of a bearish correctional wave on a short-term basis, with the emergence of the negative signals on the (RSI), despite reaching oversold levels, besides the negative pressure that came from its trading below EMA50.
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.
Forecast update for EURUSD -01-05-2025
(EURUSD) rose in its last intraday trading, attempting to recover some of its losses, and offloading some of its oversold conditions on the (RSI), with the beginning of the positive signals appearance. Affected by the head and shoulders pattern and breaking the neckline of this formation, reinforcing the scenario of extending the bearish correctional wave on the short-term basis.
Therefore, our expectations suggest (EURUSD) price decline in their upcoming intraday trading, targeting the support level at 1.1260, this scenario remains valid if the resistance settled at 1.1390.
The expected trading range for today is between 1.1260 support and 1.1360 resistance.
Today’s forecast: Bearish
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.