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Forecast update for Ethereum (ETHUSD) -07-05-2025

Economies.com
2025-05-07 10:49AM UTC

The Ethereum price (ETHUSD) resumes its rise in its last intraday trading, with the emergence of the positive signals on the (RSI), despite reaching overbought levels, with its stability above the support of EMA50, amid the dominance of the bullish correctional trend domination on the short-term basis.

 

 

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Forecast update for bitcoin -07-05-2025

Economies.com
2025-05-07 09:55AM UTC

The bitcoin price (BTCUSD) rose in its last intraday trading, supported by its continuous trading above EMA50, and under the dominance of the main bullish trend on the short-term basis and its trading alongside the bias line, beside the emergence of the positive signals on the (RSI), despite reaching the overbought levels.

 

 

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Forecast update for brent crude oil -07-05-2025

Economies.com
2025-05-07 10:27AM UTC

The brent crude oil price turned its early gains into losses in its last intraday trading,affected by the stability of the critical resistance level at $62.60, with the emergence of the negative signals on the (RSI), after reaching overbought levels, under the domination of the main bearish trend and its trading alongside the bias line.

 

 

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Forecast update for crude oil -07-05-2025

Economies.com
2025-05-07 09:48AM UTC

The crude oil price witnessed fluctuated trading in its intraday levels, the rise turned to attack the critical resistance at $59.65, but it bounced lower to erase all that gains, affected by the stability of the resistance, accompanied with testing a main bearish trend line on the short-term basis, hitting the resistance of the EMA50.

 

 

 

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