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Bitcoin (BTCUSD) breaches its current resistance -Analysis-21-05-2025
The (BTCUSD) price rose in its last intraday trading, to breach the key resistance at $106,000 level, confirming the continuation of the dominant main bullish trend on the short-term basis, keeping the trading alongside a clear positive bias.
Supported by the stability of the price above its EMA50, increasing the positive momentum on the price, as we notice the return of the positive signals emergence on the (RSI), after offloading some of its overbought conditions previously, reinforcing the possibilities for the continuation of the rise towards new resistance levels
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Crude oil witnesses active positive trading -Analysis-21-05-2025
The (crude oil) price jumped strongly in its last intraday trading, to reach our previous target at $63.50, which decreased a part of its early gains by the stability of the resistance at this level, this performance comes with a dominance bullish correctional track on the price on the short-term basis, supported by its trading alongside a positive bias line.
MoreGold attacks main resistance -Analysis-21-05-2025
The (Gold) extended its gains in its last intraday trading, taking advantage of its stability above its EMA50, and its trading alongside a minor bullish bias line on the short-term basis, reinforcing the ability to reach the main resistance level at $3,300, in order to breach it.
MoreEURUSD extends its gains -Analysis-21-05-2025
The (EURUSD) continued its rise in its last intraday trading, the bullish trend dominates the short-term basis, supported by the trading alongside the bullish bias line, with its stability above its EMA50, which suggests the continuation of the positive momentum.
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