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Forecast update for Bitcoin -03-06-2025
The price of (BTCUSD) rose slightly in its recent intraday trading, surrendered to the negative pressure after reaching the resistance of its EMA50, accompanied by retesting the critical resistance level at $106.550, amid the dominance of the bearish correctional trend on the short- term basis and its trading alongside a bias line, besides the emergence of the negative signals on the (RSI), after reaching overbought levels, which increases the negative pressure on the upcoming trading, especially that it suggest the beginning of forming negative divergence.
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Forecast update for Brent crude oil -03-06-2025
The price of (Brent) rose slightly in its recent intraday trading, after it succeeded in its previous trading in offloading its overbought condition that was clear on the (RSI), providing positive momentum that assisted it to achieve these slight gains, supported by its trading above its EMA50, which represents a dynamic support that assists the stability of the positive scenario.
MoreForecast update for crude oil -03-06-2025
The price of (crude oil) rose slightly in its recent intraday trading, in attempt to recover after fluctuated station that targeted gaining positive momentum to begin a new bullish wave, and the price is attempting to offload its overbought condition that was clear on the (RSI) previously, and it succeeded to do it, amid the continuation of the positive support that comes from its trading above its EMA50.
MoreForecast update for Silver -03-06-2025
The price of (Silver) rose slightly in fluctuated trading, supported by its trading above its EMA50, and under the dominance of the bullish trend and its trading alongside a bias line, on the other hand, the stability of the critical resistance at $34.50 decreased the gains of the price, with the emergence of the negative signals on the (RSI), after reaching overbought areas, and the price attempts to offload this overbought condition.
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