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Forecast update for Bitcoin -21-07-2025

Economies.com
2025-07-21 11:39AM UTC
AI Summary
  • BTCUSD price declined after attempting to surpass EMA50
  • Main bullish trend on short-term basis with positive signals on RSI
  • Forecast suggests potential for positive strength in the future

The price of (BTCUSD) declined in its intraday levels, after it attempted to surpass the negative pressure of the EMA50, to gather its positive strength that might assisted it to complete this mission, amid 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).

 

 

 

Forecast update for Brent crude oil -21-07-2025

Economies.com
2025-07-21 11:39AM UTC

The price of (Brent) declined in its last intraday levels, amid its attempts to look for a rising low to take it as a base to gain the required positive momentum to recover, affected by the negative pressure due to its trading below EMA50, with the beginning of forming positive divergence on the (RSI), after reaching exaggerated oversold levels compared to the price move, with the beginning of the positive signals, amid the dominance of the main bullish trend on the short-term basis and its trading alongside a bias line.

 

 

Forecast update for crude oil -21-07-2025

Economies.com
2025-07-21 11:38AM UTC

The price of (crude oil) declined in its last intraday trading, with the negative pressure from its trading below EMA50, to lean on the key support at $65.60, in attempt to gain a bullish momentum that might assist it to get rid of its negative pressures, amid 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), after reaching oversold levels, exaggeratedly compared to the price move, which suggest the beginning of forming a positive divergence.

 

 

 

Forecast update for Silver -21-07-2025

Economies.com
2025-07-21 11:38AM UTC

The price of (Silver) rose in its last intraday trading, amid the dominance of the main bullish trend on the short-term basis and its trading alongside a bias line, with the continuation of the positive pressure that comes from its continuous trading above its EMA50, this rise came after the price success in offloading its overbought conditions on the (RSI), opening the way for more of the intraday gains.