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GBPUSD price is declining, affected by its current resistance- Analysis-05-12-2025

Economies.com
2025-12-05 02:27AM UTC

GBPUSD settles lower in its last intraday trading, due to the stability of 1.3350 resistance, to gather the gains of its previous rises, attempting to gain bullish momentum that may help it to recover and breach this resistance, amid the continuation of the positive support due to its trading above EMA50, and under the dominance of the bullish corrective trend on the short-term basis and its trading alongside supportive trend line for this trend, accompanied by the relative strength indicators’ reaching oversold levels, exaggeratedly compared to the price move, indicating a quick fading to the volume of the bearish momentum.

 

 

BTCUSD) is showing positive signs- Analysis-05-12-2025

Economies.com
2025-12-05 02:20AM UTC

Bitcoin’s price fluctuated in its last intraday trading, after its leaning on EMA50’s support, providing positive push that helped it to reduce its intraday losses, to build a base to pave the way for attacking the key resistance at $93,000 again.

 

This improvement comes by extra technical support after breaching main bearish trend line previously on a short-term basis, accompanied by the emergence of positive overlapping signals on the relative strength indicators, after reaching exaggerated oversold levels compared to the price, reinforcing the chances for the continuation of the positive movement in the upcoming period.

 

 

 

 

Crude oil prices decline after reaching our expected target- Analysis-05-12-2025

Economies.com
2025-12-05 02:15AM UTC

Crude oil declined during its recent intraday trading after the stability of the key resistance at $59.85, which represents our expected target in our previous analysis, to begin gathering its last gains in attempt to recover the required bullish momentum for breaching this resistance again, especially with the continuation of its trading alongside minor bullish trend line on the short-term basis.

 

At the same time, the dynamic support that is represented by its trading above EMA50 provides positive base for the price movement, with the emergence of positive signals from the relative strength indicators, keeping the chances for reaching the resistance valid in the upcoming trading

 

 

Gold prices continue their attempts to gain bullish momentum- Analysis-05-12-2025

Economies.com
2025-12-05 02:10AM UTC

Gold declined on its recent intraday trading in limited corrective range, amid its continuous attempts to gain bullish momentum that may help it to recover and rise again, taking advantage of the dynamic support due to its trading above EMA50, besides the dominance of the main bullish trend on the short-term basis and its trading alongside supportive trend line for this trend.

 

On the other hand, recording negative overlapping signals by the relative strength indicators after reaching exaggerated overbought levels formed technical pressures, which might limit its ability to complete the rise in the near period unless the positive signals renew.