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(BTCUSD) breaches key resistance- Analysis-04-12-2025

Economies.com
2025-12-04 02:22AM UTC

Bitcoin rose in its last intraday trading, to settle above $93,000 key resistance in a significant step to confirm breaching it successfully, taking advantage of breaching main bearish trend line on the short-term basis, in a technical signal that reinforces the chances for the continuation of the bullish wave in the upcoming phase.

 

This rise is supported by the emergence of positive overlapping signals on the relative strength indicators, after offloading overbought conditions, opening the way for moving freely towards higher levels, amid the continuation of the trading above EMA50, forming dynamic support for the bullish track.

 

 

Crude oil prices are getting support- Analysis-04-12-2025

Economies.com
2025-12-04 02:19AM UTC

Crude oil rose slightly during its recent intraday trading, taking advantage of its trading above EMA50, representing dynamic support base that provides renewed bullish momentum that supports the current bullish attempts, despite the limited gains until now.

 

On the other hand, there is a pressure on the momentum by the emergence of negative signals on relative strength indicators, which might push the price to enter temporary calming phase, but its trading alongside minor bullish trend line on a short-term basis still provides advantage for the continuation of bullish attempts in the upcoming period. 

 

 

 

Gold prices fluctuate in preparation for a potential explosion- Analysis-04-12-2025

Economies.com
2025-12-04 02:13AM UTC

Gold witnesses tight range fluctuated trading in its recent intraday levels, amid its attempts to gain bullish momentum that may help it to breach the solid resistance at $4,225, supported by the continuation of the dynamic support due to its trading above EMA50, reinforcing the stability and dominance of the main bullish trend on the short-term basis.

 

Gold remains moving alongside supportive trend line for this trend, indicating the stability of the bullish trend until now, and the relative strength indicators enter exaggerated oversold levels compared to the price move, representing supportive base for potential bullish wave if a positive technical motive appears.

 

 

EURUSD price witnesses justified profit-taking-Analysis-04-12-2025

Economies.com
2025-12-04 02:09AM UTC

The (EURUSD) price declined in its last intraday trading, within natural corrective movement to gather the gains of previous rises, besides the attempts of gaining new momentum to help the price resume the rise, accompanied by the relative strength indicators’ attempts to offload overbought conditions, with the emergence of negative signals, to indicate entering a temporary technical calming phase.

 

The price remains moving within minor bullish trendline on the short-term basis, indicating the strength and dominance of the bullish trend until now, the trading alongside this line keeps the recovery chances valid, by its stability as it represents a key technical support for the current bullish wave.