The (ETHUSD) attacks critical resistance level -Analysis- 08-08-2025
AI Summary
- ETHUSD price rose to $3,900, attacking critical resistance level
- Negative signals on RSI may slow down rise in upcoming period
- BestTradingSignal.com offers high-accuracy trading signals for US stocks, crypto, forex, and VIP signals for various markets
The (ETHUSD) price continued the rise in its last intraday trading, to attack the critical resistance level at $3,900, amid the dominance of the main bullish trend and its move alongside a minor supportive bias line for this track, with the continuation of the positive pressure that comes from its trading above EMA50, on the other hand, we notice the emergence of the negative signals on the (RSI), after reaching overbought levels, which might decelerate the rise in the upcoming period.
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Brent crude oil gets ready to break critical support- Analysis-08-08-2025
The (Brent) price declined in its last intraday trading, to lean on the critical support level at $66.00, preparing for breaking it amid its affection by breaking a bullish trend line on a short-term basis, with the continuation of the negative pressure that comes from its trading below EMA50, besides the emergence of the negative signals on the (RSI), despite reaching oversold levels.
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Silver Price is gathering its positive strength-Analysis-08-08-2025
The (silver) price declined in its last trading on the intraday levels, amid the emergence of the negative signals on the (RSI), in attempt to offload its clear overbought conditions, to gather its positive strength that might help it to recover and rise again, amid the dominance of the main bullish trend and its moves within a minor wave’s range, indicating the dominance of this trend, taking advantage of the dynamic support that is represented by its trading above EMA50, reinforcing the positive momentum around the price.
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The USDCHF shows more of the negative signals-Analysis-08-08-2025
The (USDCHF) price settled on gains in its last intraday trading, amid the continuation of the negative pressure that comes from its trading below EMA50, affected by breaking a minor bullish trend line on the short-term basis, the emergence of the negative signals on the (RSI) are intensifying the selling pressures, after its success in its previous trading in offloading oversold levels, opening the way for recording more of the losses on the near-term basis.
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