Forecast update for bitcoin -08-10-2025
Bitcoin (BTCUSD) prices rose in their last intraday trading, reinforcing its early gains for today, affected by the continuous positive support due to its trading above EMA50, and under the dominance of the main bullish trend on the short-term basis, besides the emergence of the positive signals on the relative strength indicators, after reaching oversold levels, which intensified the bullish momentum.
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Forecast update for Brent crude oil -08-10-2025
Brent crude oil prices witnessed fluctuated trading on its last intraday levels, after its rise in its early trading for today, resuming the bullish corrective trend on the short-term basis, until reaching the resistance of its EMA50, which forced it to rebound and stop its gains, accompanied by the emergence of negative crossover on the relative strength indicators, after reaching overbought levels, which might obstruct the rise on the near-term basis.
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Forecast update for crude oil -08-10-2025
The price of (crude oil) settled high in its last intraday trading, to hit the resistance level of its EMA50, stopping the early rise of the price, especially with the emerging of the negative overlapping signals on the relative strength indicators, after reaching overbought levels, to indicate quick lost for the positive momentum amid the dominance of the bullish corrective wave on the short-term basis.
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Forecast update for silver -08-10-2025
The price of (silver) rose in its last intraday trading, supported by the emergence of positive signals on the relative strength indicators, despite reaching overbought level, taking advantage of the dynamic support that is represented by its trading above EMA50, amid the trading alongside minor bullish trend line on the short-term basis, reinforcing the positive track of the price.
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