Forecast update for bitcoin -06-10-2025
Bitcoin (BTCUSD) prices rose in their upcoming trading on the intraday basis, accompanied by the supportive signals on the relative strength indicators, after forming positive divergence, amid the continuation of its trading above EMA50, reinforcing the stability of the main bullish trend on the short-term basis, especially with the price trading alongside steep trendline, indicating the strength of this trend.
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Forecast update for Brent crude oil -06-10-2025
Brent crude oil prices witnessed fluctuated moves on its last intraday levels, amid the dominance of bullish corrective wave, supported by the emergence of the positive signals on the relative strength indicators, reaching exaggerated overbought level compared to the price movement, besides the continuation of the negative pressure due to its trading below EMA50, intensifying the negative pressure on the price, which forced it to fluctuate.
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Forecast update for crude oil -06-10-2025
The price of (crude oil) settled with gains in its last intraday trading, breaching the critical resistance level at $61.50, supported by the positive signals on the relative strength indicators, despite reaching overbought levels, to begin bullish correctional track on the short-term basis, but it might not extend a lot due to the continuation of the upcoming negative pressure from the trading below EMA50, reducing the chances of its recovery on the near-term basis.
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Forecast update for silver -06-10-2025
The price of (silver) soared high in its last trading on the intraday levels, amid the dominance of the main bullish trend on the short-term basis and its trading alongside supportive main and minor trend line, especially with the continuation of the dynamic support that is represented by its trading above EMA50, reinforcing the chances of targeting new resistance levels, besides the emergence of the positive signals on the relative strength indicators, despite reaching overbought levels.
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