Forecast update for Bitcoin -20-08-2025
AI Summary
- BTCUSD price declined in last trading session but recovered some losses, stabilizing around $113,000 support level
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The price of (BTCUSD) declined in its last intraday trading, after its succeeded in recovering some of its previous losses, and it offloaded some of its clear oversold conditions on the (RSI), taking advantage of the stability of the current support level at $113,000, gaining some bullish momentum that helped it to achieve these temporary gains, amid the dominance of minor bearish wave on the short-term basis.
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Forecast update for Brent crude oil -20-08-2025
The price of (Brent) rose in its last intraday trading, supported by the emergence of the positive signals on the (RSI), retesting the key resistance at $66.00, accompanied by hitting the resistance of its EMA50, intensifying the negative pressure, which might push it to bounce lower again, especially with the dominance of the main bearish trend on the short-term basis.
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Forecast update for crude oil -20-08-2025
The price of (crude oil) rose in its last intraday trading, supported by the emergence of the positive signals on the (RSI), after reaching oversold levels, which makes the indicators enter overbought level, and that adds more negative momentum on the upcoming trading, especially with its reach to the resistance of EMA50, amid the dominance of the main bearish trend on the short-term basis.
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Forecast update for Silver -20-08-2025
The price of (Silver) settles with sharp losses in its last intraday trading, amid its trading alongside a minor bearish bias on the short-term basis, with the continuation of the negative pressure that comes from its trading below EMA50, on the other hand, we notice the emergence of positive overlapping signals on the (RSI), after reaching oversold levels, providing a chance for some correctional rebounds in attempt to offload this oversold condition.
VIP Trading Signals Performance by BestTradingSignal.com (August 11–15, 2025)
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US Stock Signals from €44/month
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Subscribe via TelegramVIP Signals (Gold, Oil, Forex, Bitcoin, Ethereum, Indices) from €179/month
Subscribe via TelegramCheck full VIP signals performance report for the week of August 11–15, 2025: Full Report