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Brent crude oil breaks bullish correctional bias line -Analysis-24-04-2025

Economies.com
2025-04-24 03:36AM UTC

Brent price settled on the downside areas in its last intraday trading, affected by breaking bullish correctional bias line on the short-term basis, which led it to test a key support at $65.00, this level represents the neckline of the double top pattern-which is a negative technical formation-and that strengthened this support, supported by the EMA50.

 

The Ethereum declines affected by the main resistance -Analysis-24-04-2025

Economies.com
2025-04-24 03:19AM UTC

The Ethereum declined in its last trading on the intraday trading, affected by the main resistance level at $1,800, to gather gains and attempts to gain positive momentum that might assist it to breach this resistance, and it might succeed to offload the overbought conditions that appear on the (RSI), and reach exaggerated oversold levels compared to the current price movement.

 

This came amid the dominance of the bullish correctional trend on the short- term basis, and its trading alongside trendline, and the continuation of the positive support due to its trading above the EMA50.

Evening update for Bitcoin -23-04-2025

Economies.com
2025-04-23 17:58PM UTC

Bitcoin’s price returned to rise in its last intraday trading, as it settled above the psychological support at $90,000, amid the main bullish trend on the short-term basis and its trading alongside the trend line, and the last rise came after the price succeeded in offloading some of its overbought conditions on the (RSI) in its previous trading.

Evening update for crude oil -23-04-2025

Economies.com
2025-04-23 17:50PM UTC

Crude oil price declined in its last intraday trading, to break the support level of the formed technical formation on the short-term basis (the rising wedge pattern), and there are negative signals on the (RSI), after reaching overbought levels, to lean on the support of its EMA50.

Frequently asked questions

What is the price of Brent Oil today?

The price of Brent Oil is $68.42 (2025-07-17 08:24AM UTC)