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Forecast update for Bitcoin -09-07-2025

Economies.com
2025-07-09 12:00PM UTC
AI Summary
  • BTCUSD price recovering and offloading overbought condition on RSI
  • Opportunities for achieving new highs with dynamic support from trading above EMA50
  • Trading alongside a bias line and under bullish trend on short-term basis

The price of (BTCUSD) began to recover in its intraday levels, after it succeeded in offloading its clear overbought condition on the (RSI), providing opportunities for achieving new highs, taking advantage of the dynamic support that is represented by its trading above EMA50, and under the dominance of the bullish trend on the short-term basis, and its trading alongside a bias line.

 

 

 

Forecast update for Brent crude oil -09-07-2025

Economies.com
2025-07-09 12:00PM UTC

The price of (Brent) rose in its last intraday trading, with the beginning of positive overlapping signal on the (RSI), after the price success in its previous trading to offload the overbought conditions, opening the way for achieving more of the gains, amid its trading alongside a minor bullish trend on the short-term basis, with the continuation of the positive pressure due to its trading above its EMA50.

 

 

Forecast update for crude oil -09-07-2025

Economies.com
2025-07-09 12:00PM UTC

The price of (crude oil)  settled high in its last intraday trading, taking advantage of the dynamic support that is represented by its trading above EMA50, and under the dominance of the main bullish trend on the short-term basis and its trading alongside a bias line, with the emergence of the positive signals on the (RSI), reinforcing the continuation of the positive trading.

 

 

 

Forecast update for Silver -09-07-2025

Economies.com
2025-07-09 11:12AM UTC

The price of (Silver) settled high in its last intraday trading, due to its lean on the support of its EMA50, accompanied by its trading alongside a minor bullish bias on the short-term basis, providing positive momentum that assisted it to reduce a lot of its early losses for today, with the emergence of the positive signals on the (RSI).