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

Forecast update for bitcoin -07-05-2025

Economies.com
2025-05-07 09:55AM UTC

The bitcoin price (BTCUSD) rose in its last intraday trading, supported by its continuous trading above EMA50, and under the dominance of the main bullish trend on the short-term basis and its trading alongside the bias line, beside the emergence of the positive signals on the (RSI), despite reaching the overbought levels.

 

 

Forecast update for brent crude oil -07-05-2025

Economies.com
2025-05-07 10:27AM UTC

The brent crude oil price turned its early gains into losses in its last intraday trading,affected by the stability of the critical resistance level at $62.60, with the emergence of the negative signals on the (RSI), after reaching overbought levels, under the domination of the main bearish trend and its trading alongside the bias line.

 

 

Forecast update for crude oil -07-05-2025

Economies.com
2025-05-07 09:48AM UTC

The crude oil price witnessed fluctuated trading in its intraday levels, the rise turned to attack the critical resistance at $59.65, but it bounced lower to erase all that gains, affected by the stability of the resistance, accompanied with testing a main bearish trend line on the short-term basis, hitting the resistance of the EMA50.

 

 

 

Forecast update for silver -07-05-2025

Economies.com
2025-05-07 10:06AM UTC

The silver price declined in its recent intraday trading, with the emergence of the negative signals on the (RSI), after reaching overbought levels, the price attempts to gain positive momentum that might assist it to recover and rise again, leaning on the EMA50.