Ethereum gets ready for its negative pressures -Analysis-08-05-2025
Ethereum (ETHUSD) price reinforced its gains in its recent intraday trading, amid the domination of the main bullish trend on the short-term basis and its trading alongside the bias line. The price succeeded in its last moves to surpass the negative pressure of EMA50, announcing its full recovery, especially with the emergence of positive overlapping signals on the (RSI), after its succeeded in offloading its clear previous overbought conditions.
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) soars high-Analysis-08-05-2025
Bitcoin price extended its gains in its recent intraday trading, taking advantage of the positive momentum of the (RSI), despite entering sharp overbought areas.
This strong performance accompanied by the clear bullish track of the price on the short-term basis and its trading alongside the bullish bias line, besides the dynamic support by its stability above 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.
Crude oil attempts to offload its oversold conditions -Analysis-08-05-2025
The crude oil price jumped high in its recent intraday trading, affected by the stability of the current support level at $57.40, providing some positive momentum that assisted it to achieve intraday gains, in attempt to recover some of its previous losses, attempting at the same time to offload some of its clear oversold conditions on the (RSI), especially with the beginning of the positive signal emergence.
This comes amid the dominance of the main bearish trend and its trading alongside the bias line, with the continuation of the negative pressure that is caused by its continuous trading below 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.
Gold attempts to recove -Analysis-08-05-2025
The GOLD price jumped high in its recent intraday trading, supported by the emergence of the positive signals on the (RSI), after reaching oversold levels, which forms a positive divergence that increases the positive momentum, to settle above the main resistance at $3,400.
This comes amid the dominance of the main bullish trend and its trading alongside the bias line, supported by continuous 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.