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Forecast update for Ethereum -29-06-2026

Economies.com
2026-06-29 11:01 UTC

 

 

(ETHUSD) continues its fluctuating trading in limited range of sideways trading in its last intraday levels, taking advantage of the stability of the key support at $1,550, with the emergence of the positive signals from the relative strength indicators, with the continuation of the negative pressure that comes from its trading below EMA50, reinforcing the stability and dominance of the main bearish trend on the short-term basis, keeping the negative overview valid unless the price manages to breach its near resistance.

 

 

Forecast update for Brent -29-06-2026

Economies.com
2026-06-29 10:58 UTC

 

 

Brent crude oil declined slightly in its last intraday trading, with the dominance of the main bearish trend on the short-term basis, and the continuation of the negative pressure that comes from its trading below EMA50, after offloading its oversold conditions on the relative strength indicators, in a clear signals for a quick lost for the bullish momentum in its early trading for today, to suggest recording more losses in the near period.

 

 

Forecast update for Bitcoin -29-06-2026

Economies.com
2026-06-29 10:56 UTC

 

 

The price of Bitcoin continued its fluctuating trading at its recent intraday levels, taking advantage of the positive momentum that comes from the relative strength indicators after reaching oversold levels, and the price is under the dominance of the main bearish trend on the short-term basis, with its trading alongside supportive trend line for this path, besides the continuation of the negative pressure due to its trading below EMA50, which represents dynamic resistance that reduces the chances of sustainable recovery in the upcoming period.

Forecast update for crude oil -29-06-2026

Economies.com
2026-06-29 10:54 UTC

 

Crude Oil declined in its last intraday trading, with the beginning of negative overlapping signals’ appearance from the relative strength indicators, after offloading its oversold conditions, opening the way for recording more losses in the upcoming near period, especially with the continuation of the negative pressure that comes from its trading below EMA50, reinforcing the stability and dominance of the main bearish trend on the short-term basis.