Trending: Oil | Gold | BITCOIN | EUR/USD | GBP/USD

Bitcoin price (BTCUSD) forecast update - 29-01-2025

Economies.com
2025-01-29 09:09AM UTC

Bitcoin price (BTCUSD) trades positively to attempt to breach 102900.00$ level, reinforcing the expectations of continuing the bullish trend for the rest of the day, reminding you that our main waited target reaches 108350.45$.

 

Stochastic overlaps positively to support the expectations to rise in the upcoming sessions, reminding you that the continuation of the bullish wave depends on the price stability above 100150.00$.

 

The expected trading range for today is between 100000.00$ support and 106000.00$ resistance.

 

Trend forecast: Bullish

Brent oil price forecast update 29-01-2025

Economies.com
2025-01-29 09:09AM UTC

Brent oil price fluctuates within tight range now, waiting to get negative motive that assist to push the price to break 77.05$ followed by confirming the continuation of the bearish trend domination for the rest of the day, reminding you that our next main target reaches 75.66$, while achieving it requires holding below 78.40$.

 

The expected trading range for today is between 75.60$ support and 78.60$ resistance.

 

Trend forecast: Bearish

Crude oil price forecast update 29-01-2025

Economies.com
2025-01-29 09:09AM UTC

Crude oil price shows weak trades since morning, and as long as the price is below 75.53$, our bearish overview will remain valid and active for today, affected by the previously completed head and shoulders’ pattern, reminding you that our targets begin by breaking 73.90$ to confirm opening the way to visit 72.30$ on the near-term basis.

 

The expected trading range for today is between 72.80$ support and 75.80$ resistance

 

Trend forecast: Bearish

Silver price forecast update 29-01-2025

Economies.com
2025-01-29 09:09AM UTC

Silver price hovers around the broken support of the bullish channel, noticing that stochastic shows negative signals now, waiting to motivate the price to resume the expected bearish trend for today, which targets testing 29.63$ as a next main station, reminding you that breaching 30.63$ will stop the bearish wave and lead the price to turn to rise.

 

The expected trading range for today is between 29.90$ support and 30.80$ resistance.

 

Trend forecast: Bearish