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Bitcoin records new historical levels -Analysis-22-05-2025
The (BTCUSD) price continued its sharp rise in its last intraday trading, recording new historical levels after reaching our previous target at $110,000, in attempt to breach the psychological barrier and the critical resistance, this rise is supported by renewing the positive momentum, especially with the appearance of positive overlapping signals on the (RSI).
The price managed to offload its clear overbought conditions in its previous trading, which opened the way for achieving more of the gains, and the main bullish trend remains the dominant of the price movement, amid its trading alongside a bullish bias line on the short-term basis, reinforcing the chances for the continuation of the bullish trend in the upcoming trading
Crude oil breaks bullish correctional channel -Analysis-22-05-2025
The (crude oil) price continued its decline in its last intraday trading, after breaking the support of a bullish correctional channel that was limiting its decline on the short-term basis, accompanied by breaking the support of its EMA50, which increases the selling pressure on the price.
MoreGold shows more bullish signals -Analysis-22-05-2025
The (Gold) price rose in its last intraday trading, after it managed to offload its clear overbought conditions on the (RSI), which open the way for the positive momentum to return gradually, and the bullish technical signals begin to appear again, especially with the emergence of positive overlapping signals on these indicators.
MoreEURUSD gets ready to attack its current critical resistance -Analysis-22-05-2025
The (EURUSD) price rose in its last intraday trading, taking advantage of a previous correction process assisted it to gather gains and offload its clear overbought conditions on the (RSI), resuming its bullish track on a short-term basis.
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