Evening update for EURUSD -01-10-2025
AI Summary
- EURUSD experienced fluctuated moves and negative pressure due to trading below EMA50 and bearish corrective trend line
- BestTradingSignal.com offers high-accuracy trading signals for US stocks, crypto, forex, and VIP signals for various markets
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The (EURUSD) witnessed fluctuated moves on its last intraday levels, amid its trading alongside bearish corrective trend line on the short-term basis, with the continuation of the negative pressure due to its trading below EMA50, besides the emergence of the negative signals on the relative strength indicators.
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Forecast update for Ethereum -01-10-2025
The price of (ETHUSD) surged high in its last intraday trading, reaching our morning suggested target at $4,280, supported by its continuous trading above its EMA50, and under the dominance of the bullish corrective trend on the short-term basis and its trading alongside supportive trendline for this track, besides the emergence of the positive signals on the relative strength indicators.
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Forecast update for bitcoin-01-10-2025
The price of (BTCUSD) resumed its strong gains on its last intraday levels, reaching our last expected target at the resistance $116,000, supported by the emergence of the positive signals on the relative strength indicators, despite reaching overbought levels and under the dominance of strong minor bullish wave on the short-term basis, besides the continuation of the dynamic support that is represented by its trading above EMA50, which supports this bullish track.
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Forecast update for Brent crude oil -01-10-2025
Brent crude oil prices witnessed fluctuated trading on its last intraday levels, amid the dominance of steep bearish sub-wave, with the continuation of the negative pressure that comes from its trading below EMA50, reducing the chances for the price recovery on the near-term basis, amid the emergence of the negative signals on the relative strength indicators, after its success in offloading its oversold conditions, opening the way for recording more of the losses in the upcoming period.
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