Forecast update for Ethereum -08-05-2025
The price of Ethereum (ETHUSD) soars high in its last intraday trading, to approach our target at the critical resistance at $1,900, to settle above it until this moment, surrounded by several positive pressures, the most important is the domination of the bullish correctional trend on the short-term basis and its trading alongside bias line, with the emergence of the positive signals on the (RSI), despite reaching overbought levels.
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 bitcoin -08-05-2025
The price of bitcoin continued the rise in its last intraday trading, to approach our main target at $100.000, supported by the dominance of the main bullish trend and its trading alongside the bias line, with the continuation of the positive signals emerging on the (RSI), despite reaching overbought levels.
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 brent crude oil -08-05-2025
The price of brent crude oil rose in its last intraday trading, to test the main bearish trend line on the short-term basis, accompanied by reaching the resistance of its EMA50, increasing the strength of this area as a resistance against the upside track.
This performance comes after the price success of gaining some of the positive momentum, due to the stability of the support level of $60.70, attempting to recover some of its previous losses and offloading some of its clear oversold conditions on the (RSI), especially with the emergence of positive signals from it.
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 crude oil -08-05-2025
The price of crude oil rose in its last intraday trading, affected by the stability of the support level $57.40, providing positive momentum that help the price in offloading some of its oversold conditions on the (RSI), especially with the emergence of the positive signals from it, with the continuation of the negative pressure due to its trading below its moving average and the domination of the main bearish trend.
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.