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Forecast update for brent crude oil -29-12-2025

Economies.com
2025-12-29 10:50AM UTC

Brent crude oil’s prices extended its gains on its last intraday levels, taking advantage of the dynamic support that is represented by its trading above EMA50, attacking our morning target at $61.35, taking advantage of the emergence of the positive signals from the relative strength indicators, after reaching oversold levels, amid the dominance of bullish corrective wave on the short-term basis with its trading alongside supportive trend line for this trend.

 

 

Forecast update for Bitcoin -29-12-2025

Economies.com
2025-12-29 10:47AM UTC

BTCUSD’s price slipped lower in its recent intraday trading, due to the stability of the psychological resistance level at $90,000, attempting to gain bullish momentum that may help it to attack the resistance in the future, and attempts to offload some of its clear overbought conditions on the relative strength indicators, especially with the emergence of the negative signals from there, leaning on the support of EMA50, amid the dominance of the bullish corrective trend on the short-term basis and its trading alongside trend line.

 

 

Forecast update for crude oil -29-12-2025

Economies.com
2025-12-29 10:44AM UTC

The price of (crude oil) surged higher in its last intraday trading, reaching our morning expected target for today at $57.70, supported by its continued trading above EMA50, under the dominance of bullish corrective wave on the short-term basis and its trading alongside trend line, besides the emergence of the positive signals on the relative strength indicators, after forming positive divergence in its previous trading that intensifies the bullish momentum.

 

 

Forecast update for silver -29-12-2025

Economies.com
2025-12-29 10:42AM UTC

The price of (silver) declined in its last intraday trading, after recording new historical levels, to attempt to gather to gather its previous rises, to gain bullish momentum to help it recover and rise again, to offload its overbought conditions on the relative strength indicators, with the emergence of the negative signals from there, amid the dominance of the main bullish trend on the short-term basis and its trading alongside trend line, with the continuation of the dynamic support that is represented by its trading above EMA50, reinforcing the chances of the price recovery on the near-term basis.