Trending: Oil | Gold | BITCOIN | EUR/USD | GBP/USD

Forecast update for Ethereum -01-05-2026

Economies.com
2026-05-01 11:52AM UTC

Ethereum (ETHUSD) keeps its early gains for today, amid the continuation of the key support level stability at $2,250, supported by the emergence of the positive signals from the relative strength indicators, on the other hand, the price remains under the negative and dynamic pressure that is represented by its trading below EMA50, which reduces the chances of full recovery on the near period, with the dominance of the bearish corrective trend on the short-term basis.

 

 

Forecast update for Brent -01-05-2026

Economies.com
2026-05-01 11:50AM UTC

Brent declined during recent intraday trading, amid the attempts to gain bullish momentum that might help it to recover and rise again, amid the dominance of the bullish trend on the short-term basis, with its trading above EMA50, with the emergence of positive signals from the relative strength indicators, after reaching oversold levels.

 

 

Forecast update for Bitcoin -01-05-2026

Economies.com
2026-05-01 11:48AM UTC

Bitcoin (BTCUSD) extended its profits during its recent intraday trading, to exit bearish corrective channel’s range that limited its previous trading on the short-term basis, to surpass EMA50’s resistance, as a clear signal for surpassing the negative pressure, especially with the emergence of the positive signals from the relative strength indicators, despite reaching overbought levels.

 

 

 

 

Forecast update for crude oil -01-05-2026

Economies.com
2026-05-01 11:45AM UTC

 

Crude oil declined during recent intraday trading, leaning on minor bullish trend line on the short-term basis, exhausting its bullish chances where it attempts to look for higher low to use it as a base to help it gain the required bullish momentum for its recovery and rising again, especially with the continuation of the dynamic pressure that is represented by its trading above EMA50, with the emergence of positive signals from the relative strength indicators, after forming positive divergence that might increase the positive momentum on the price.