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Baidu price faces negative outlook - Forecast today - 27-05-2025

Economies.com
2025-05-27 13:12PM UTC

Baidu’s stock price (BIDU) fell in latest intraday trading, amid ongoing negative pressure due to trading below the 50-day SMA, amid the dominance of the main downward trend as it trades alongside the secondary short-term trend line, with negative signals streaming from the Stochastic despite reaching oversold levels. 

 

Therefore we expect more losses for the price, provided the resistance of $91.70 holds on, targeting the pivotal support of $77.20.

 

Today’s price forecast: Bearish

United Steel price surges - Forecast today - 27-05-2025

Economies.com
2025-05-27 13:12PM UTC

United States Steel Corporation’s stock price (X) rallied in latest intraday trading, while managing to pierce the pivotal resistance of $50.20, accompanied by a surge in trading volumes, amid the dominance of the upward short-term trend, with ongoing positive support due to trading above the 50-day SMA, coupled with positive signals from the Stochastic. 

 

Therefore we expect more gains for the price, especially as it settles above $50.20, targeting the resistance of $64.50.

 

Today’s price forecast: Bullish

Forecast update for Ethereum-27-05-2025

Economies.com
2025-05-27 11:15AM UTC

The price of (ETHUSD) jumped higher in its last intraday trading, breaching the current resistance level at $2,585, amid the emergence of the positive signals on the (RSI), supported by its continuous trading above its EMA50, and under the dominance of the main bullish trend on the short-term basis.

 

 

 

Forecast update for Bitcoin -27-05-2025

Economies.com
2025-05-27 11:09AM UTC

The price of (Bitcoin) rose in its last intraday trading, to  attack the psychological resistance level at $110,000, amid the dominance of the main bullish trend and its trading alongside a minor bias line on the short-term basis, with the beginning of the emergence of the positive signals on the (RSI), after it success in offloading its overbought conditions.