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Forecast update for Ethereum -07-04-2026
Ethereum price declined during its recent intraday trading, finding support at EMA50. This marks a final attempt by the price to gain positive momentum that could help it recover and move higher again.
This comes within the context of a dominant short-term bullish trend, alongside the early formation of a positive divergence on the relative strength indicators, after the indicator reached deeply oversold levels compared to price action. This is supported by the beginning of a bullish crossover.
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Forecast update for Brent -07-04-2026
Brent crude oil prices rose during recent intraday trading, supported by a rebound from EMA50, which provided positive momentum and helped the price recover most of its earlier losses from the start of the day.
MoreForecast update for Bitcoin -07-04-2026
Bitcoin (BTCUSD) deepened its losses during its latest intraday trading, as the price attempts to find a higher low to use as a base that may help it gain positive momentum, allowing it to recover and rise again. This comes amid continued dynamic support from trading above its EMA50.
MoreForecast update for crude oil -07-04-2026
Crude oil (Crude Oil) resumed its upward movement during its latest intraday trading, recovering much of its earlier losses for the day. This comes amid attempts to break the strong resistance level at $105.00, supported by continued trading above EMA50 which reinforces the stability and dominance of the main bullish trend in the short term.
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