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Trending: Oil | Gold | BITCOIN | EUR/USD | GBP/USD
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Forecast update for Bitcoin -01-07-2025

Economies.com
2025-07-01 11:35AM UTC

The price of (BTCUSD) continued the decline in its intraday levels, attempting to find a rising low to take it as a base that might assist it to gain the required positive momentum to recover and rise again, to reach in its last decline to lean on the support of its EMA50, approaching from the critical support of $106,000, amid the dominance of bullish correctional wave on the short-term basis, with the reach of the (RSI) indicators to oversold levels, exaggeratedly compared to the price move.

 

 

 

Forecast update for Brent crude oil -01-07-2025

Economies.com
2025-07-01 11:35AM UTC

The price of (Brent) rose in its last intraday trading, affected by the stability of the critical support level at $66.50, supported by the emergence of the positive signals on the (RSI), after reaching oversold levels, and the price continues its sideways moves on the intraday levels in attempt to detect its upcoming trend on the short-term basis, amid the continuation of the negative pressure due to its trading below EMA50.

 

 

 

Forecast update for Crude oil -01-07-2025

Economies.com
2025-07-01 11:35AM UTC

The price of (crude oil) rose in its last intraday trading, supported by the emergence of the bullish signals on the (RSI), after reaching oversold levels, despite this rise the price remains moving in limited range of the sideways trading, creating confused area that targets detecting the upcoming track when it exit its range on the short-term basis, amid the dominance of bearish correctional wave on the short-term basis. 

Forecast update for silver -01-07-2025

Economies.com
2025-07-01 11:35AM UTC

The price of (silver) rose in its last intraday trading, to keep moving alongside a minor bullish trend on a short-term basis, supported by the emergence of the positive signals on the (RSI), succeeding to surpass the resistance of EMA50, surpassing its negative pressure, to settle above the critical resistance at $36.30, announcing its ability to achieve more of the gains.

 

 

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