The (ETHUSD) gets some support-Analysis- 28-08-2025
AI Summary
- The (ETHUSD) price rose in its last trading session, finding support at EMA50 and gaining positive momentum to stop losses bleeding.
- BestTradingSignal.com offers professional trading signals with high accuracy for US stocks, cryptocurrencies, forex, and VIP signals for various markets.
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The (ETHUSD) price rose in its last trading on the intraday levels, due to its lean on the support of EMA50, gaining some positive momentum that helped it to stop the losses bleeding that came due to the stability of the current resistance at $4,575, supported by the emergence of the negative signals on the (RSI), after reaching overbought level, to succeed in offloading this oversold condition, amid the dominance of the main bullish trend and its trading alongside a bias line on the short-term basis.
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Brent crude oil attempts to offload its overbought condition- Analysis-28-08-2025
The (Brent) price declined on its last intraday levels, gathering the gains of its yesterday’s rise after the stability of the critical support level at $66.65, and its lean on the support of its EMA50, amid the dominance of the bullish correctional trend on the short-term basis, and its trading alongside a supportive bias line for this trend, and attempting to offload some of its clear overbought conditions on the (RSI), especially with the emergence of negative overlapping signals, gathering its positive strength that might assist it to rise again.
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Silver Price attacks stubborn resistance-Analysis-28-08-2025
The (silver) price rose in its last trading on its intraday levels, taking advantage of the dynamic support that is represented by its trading above EMA50, with the emergence of the positive signals on the (RSI), despite reaching overbought levels, which might reduce the upcoming gains, attacking the critical stubborn resistance level at $38.70, depending in the dominance of the bullish trend and its trading alongside a minor bias line on the short-term basis.
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The USDCHF breaks significant support-Analysis-28-08-2025
The (USDCHF) price continued its decline in its last intraday trading, to break the key support at 0.8020,intensifying the negative pressure on the pair, especially with its trading below EMA50, and under the dominance of the bearish correctional trend on the short-term basis and its trading alongside a supportive bias line for the bearish trend, on the other hand, we notice the emergence of positive overlapping signals on the (RSI), after reaching oversold levels, which might reduce the losses temporarily.
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