Forecast update for Ethereum -03-11-2025
The price of (ETHUSD) settled with sharp decline in its last intraday trading, to break the key support of $3,720, amid the dominance of the main bearish trend and its trading alongside minor trendline on the short-term basis, with the emergence of the negative signals on the relative strength indicators, despite reaching oversold levels, which might reduce the losses on the near-term basis.
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Forecast update for bitcoin -03-11-2025
Bitcoin (BTCUSD) prices kept declining during their last intraday trading, preparing to break the key support at $106.800, amid the continuation of the negative pressure that comes from its trading below EMA50, reinforcing the dominance of the main bearish trend on the short-term basis and its trading alongside trendline, with the emergence of the negative signals on the relative strength indicators, despite reaching oversold levels.
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Forecast update for Brent crude oil -03-11-2025
Brent crude oil prices declined in their last intraday trading, in an attempt to gain bullish momentum that might help it to recover and rise again, attempting to offload some of its overbought conditions on the relative strength indicators, especially with the emergence of negative crossover, to lean on the support of EMA50, amid the dominance of bullish corrective wave on the short-term basis and its trading alongside supportive trendline for this track.
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Forecast update for crude oil -03-11-2025
The price of (crude oil) witnessed fluctuated trading on its last intraday levels, after its decline to lean on the support of its EMA50, gaining some bullish momentum that helped it to reduce its losses, amid the dominance of the bullish corrective trend on the short-term basis and its trading alongside trendline, with the emergence of the positive signals on the relative strength indicators, despite reaching overbought levels.
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