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Forecast update for Bitcoin -22-05-2025
The price of (BTCUSD) settled on a rise in its recent intraday trading, after it managed to record new historical level in its early trading, but it is attempting to gather the gains of its previous rises, and attempts to offload its clear overbought conditions on the (RSI), but it remains stable above the psychological resistance level at $110,000, indicating its momentum to resume the bullish track.
Forecast update for Ethereum -22-05-2025
The price of (ETHUSD) continued the rise in its recent intraday trading, supported by the emergence of the positive signals on the (RSI), despite reaching overbought levels, with the continuation of the dynamic support by its trading above it’s EMA50, amid the dominance of the main bullish trend on the short- term basis.
MoreForecast update for Brent crude oil -22-05-2025
The price of (Brent) continued the decline in its recent intraday trading, breaking the support level at $61.20, affected by exiting a bullish correctional channel’s range on the short-term basis, and there is a continuous positive pressure due to its trading below its EAM50, and the price is attempting to offload some of its clear oversold conditions on the (RSI), noticing the beginning of the positive signals emergence, which might decelerate the price upcoming losses.
MoreForecast update for crude oil -22-05-2025
The price of (crude oil) continued the decline in its recent intraday trading, breaking the support level at $61.20, affected by exiting a bullish correctional channel’s range on the short-term basis, and there is a continuous positive pressure due to its trading below its EAM50, and the price is attempting to offload some of its clear oversold conditions on the (RSI), noticing the beginning of the positive signals emergence, which might decelerate the price upcoming losses.
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