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Forecast update for Bitcoin -19-05-2025

Economies.com
2025-05-19 11:05AM UTC

 

The price of (Bitcoin) declined in its recent intraday trading, reaching the critical support at $102,000. This level represents the support line of a sideways range trading on the short-term basis, accompanied by leaning on a bullish trend line, amid the emergence of the negative signals o the (RSI), to surpass the support of its EMA50, facing negative pressure.

 

Forecast update for Brent crude oil-19-05-2025

Economies.com
2025-05-19 10:54AM UTC

The price of (Brent) declined in its recent intraday trading, attempting to find a rising top to take it as a base to assist it to gain the required positive momentum to recover, and it attempts to offload its overbought conditions on the (RSI), reaching to lean on the support of its EMA50, accompanied by its lean on a bullish correctional bias line on the short-term basis.

 

 

Forecast update for crude oil-19-05-2025

Economies.com
2025-05-19 10:45AM UTC

The price of (crude oil) declined in its recent intraday trading, amid the dominance of the negative signals on the (RSI), after reaching overbought levels, the price is leaning on a bullish correctional bias line on the short-term basis, accompanied by its lean on the support of its EMA50, representing the last chances for gaining the required positive momentum to recover.

Forecast update for Silver -19-05-2025

Economies.com
2025-05-19 10:43AM UTC

The price of (Silver) declined in its recent intraday trading, affected by reaching the resistance of its EMA50, this came after due to the stability below the current resistance at $32.70, the emergence of negative overlapping signals on the (RSI) forced the price to rebound after reaching overbought levels.