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Forecast update for bitcoin -01-12-2025

Economies.com
2025-12-01 11:10AM UTC

 

Bitcoin (BTCUSD) prices settled after sharp early losses in its last intraday trading, attempting to offload some clear oversold conditions on the relative strength indicators, especially with the beginning of positive overlapping signals, affected by its exit from the range if bullish corrective channel that limited its previous trading on the short-term basis, and there is dynamic negative pressure that is represented by its trading below EMA50, reducing the chances of the recovery on the near period.

 

 

 

Forecast update for Brent crude oil -01-12-2025

Economies.com
2025-12-01 11:05AM UTC

Brent crude oil declined in its last intraday trading, amid the emergence of the negative signals on the relative strength indicators, after reaching overbought levels, in attempt to offload these overbought conditions, gathering its positive strength that may help it to rise again, amid the continuation of the dynamic positive pressure that is represented by its trading above EMA50, affected by its exit from minor bearish channel’s range on the short-term basis.

 

 

 

Forecast update for crude oil -01-12-2025

Economies.com
2025-12-01 10:58AM UTC

The price of (crude oil) declined in its last intraday trading, gathering the gains of its previous rises, attempting to gain bullish momentum that might help it to rise again, and it attempts to offload some of the overbought conditions on the relative strength indicators, especially with the emergence of the negative signals, amid the continuation of the dynamic support that is represented by its trading above EMA50, affected by positive formation on the short-term basis ( the double bottom pattern).

 

 

Forecast update for silver -01-12-2025

Economies.com
2025-12-01 10:55AM UTC

The price of (silver) returned to rise on its last intraday trading, approaching new all-time highs, especially after offloading some of its overbought conditions on the relative strength indicators, opening the way for achieving mote of the gains, amid the dominance of the main bullish trend on the short-term basis, alongside main and minor trend lines that support the stability of this track.