Trending: Oil | Gold | BITCOIN | EUR/USD | GBP/USD

The (ETHUSD) is breaching its current resistance-Analysis- 16-07-2025

Economies.com
2025-07-16 06:32AM UTC
AI Summary
  • ETHUSD price breached $3,050 resistance, settling high in last intraday trading
  • Main bullish trend on short-term basis, trading alongside bias line, supported by EMA50
  • Negative overlapping signals on RSI after reaching overbought levels may slow down gains

The (ETHUSD) price settled high in its last intraday trading, after breaching $3,050 resistance, amid the dominance of the main bullish trend on the short-term basis and its trading alongside a bias line, taking advantage of the dynamic support that is represented by its trading above EMA50, on the other hand, we notice the beginning of negative overlapping signals on the (RSI), after reaching overbought levels, which might decelerates the gains.

 

 

 

 

 

 

 

Brent crude oil is looking for a trend- Analysis-16-07-2025

Economies.com
2025-07-16 06:32AM UTC

The (Brent) price declined in its last trading on the intraday levels, with the continuation of the negative pressure due to its trading below EMA50, leaning on the critical support level at $68.00, amid the dominance of the main bullish trend on the short-term basis and its trading alongside a bias line, with the emergence of the positive signals on the (RSI), after reaching oversold levels.

 

 

 

 

 

 

 

 

Silver price attempts to recover -Analysis-16-07-2025

Economies.com
2025-07-16 06:32AM UTC

The (silver) price rose in its last intraday trading, after its attempt to find a rising low to take it as a base for gaining the required positive momentum for the recovery, amid the continuation of the positive and dynamic pressure that is represented by its trading above EMA50, and under the dominance of the main bullish trend on the short-term basis and its trading alongside a bias line, noticing the beginning of positive signals emergence on the (RSI), after reaching oversold levels.

 

 

The USDCHF is getting ready for a new bullish move -Analysis-16-07-2025

Economies.com
2025-07-16 06:15AM UTC

The (USDCHF) price settled with a rise in its last intraday trading, after its attempts to gather the gains of its last rises, and attempted to offload its clear overbought conditions on the (RSI), amid the dominance of the bullish correctional trend on the short-term basis and its trading alongside a bias line, with the continuation of the positive pressure due to its trading above EMA50, representing dynamic support that assist the stability of the bullish trend.