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Forecast update for Bitcoin -20-06-2025

Economies.com
2025-06-20 10:01AM UTC

The price of (BTCUSD) soars high in its recent intraday trading, approaching our morning target by testing the resistance level of $106,500, supported by the emerging of the positive signals on the (RSI), attempting to surpass the negative pressure of the EMA50, and under the dominance of the main bullish trend on the short-term basis and its trading alongside a bias line, reinforcing the positive scenario on its futuristic moves.

 

 

 

Forecast update for Brent crude oil -20-06-2025

Economies.com
2025-06-20 10:01AM UTC

The price of (Brent) rose in its last intraday trading, due to the stability of the critical support at $74.70, gaining more of the positive momentum with the continuation of the dynamic support that is represented by its trading alongside a minor bullish trend on the short-term basis, reinforcing its move above its EMA50, and the price succeeded in offloading its clear overbought conditions on the (RSI), providing bigger space for achieving more of the gains.

 

 

Forecast update for crude oil -20-06-2025

Economies.com
2025-06-20 10:01AM UTC

The price of (crude oil) rose in its recent intraday trading, getting ready to attack the critical resistance level at $75.00, after gaining positive momentum and its success in offloading its overbought condition on the (RSI), amid the continuation of the negative pressure that comes from 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.

 

 

 

Forecast update for Silver -20-06-2025

Economies.com
2025-06-20 10:02AM UTC

The price of (Silver) rose in its last intraday trading, to attempt to recover some of its losses, and attempt to offload some of its clear oversold conditions on the (RSI), especially with the beginning of the positive signals emergence, amid the dominance of bearish correctional wave and its affection by breaking a bullish trend line on the short-term basis, with the continuation of the negative pressure due to its trading below EMA50.