Silver retests a key resistance -Analysis-02-05-2025
Silver price rose in its recent intraday trading, supported by the emergence of the positive signals on the (RSI), to retest the key resistance at $32.70, amid the dominance of a minor bearish wave on the short- term basis, with the continuation of the negative pressure by its trading below EMA50, as we notice the (RSI)reach to exaggerated overbought levels compared to the price current move, which indicated a quick lose for the positive momentum.
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.
Brent crude oil extends its gains -Analysis-02-05-2025
Brent crude oil continued the rise in its recent intraday trading, affected by the stability of the key support at $60.00, gaining positive momentum that assisted it to achieve strong gains, in attempt to correct the main bearish trend on the short-term basis.
Despite this solid performance, the negative pressure by its trading below EMA50 remains valid, besides its trading alongside bearish bias line, accompanied by the (RSI)reach to exaggerated overbought areas compared to the price move, which indicates the beginning of forming a negative divergence there.
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) is surrounded by positive pressures -Analysis-02-05-2025
Ethereum (ETHUSD) price rose in its recent intraday trading, after a quick rebound to collect its gains and gathers its positive strength by offloading its clear overbought conditions on the (RSI), amid the dominance of the bullish correctional trend on the short- term basis and its trading alongside the bias line, with the continuation of the dynamic support by its trading above its 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.
Bitcoin is amid positive expectations -Analysis-02-05-2025
Bitcoin price rose in its recent intraday trading, after reaching our previous target at $97,400, to bounce a little to gather its gains, to succeed in offloading the clear overbought conditions on the (RSI), which provided positive momentum that supported it to rise again preparing to attack the mentioned resistance level.
This comes amid the dominance of the main bullish trend on the short-term basis and its trading alongside the bias line, with the continuation of the positive support due to its trading above its 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.