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

CVS price leans on SMA support - Forecast today - 16-12-2025

Economies.com
2025-12-16 13:13PM UTC

CVS Health Corporation (CVS) held lower in its latest intraday trading as the stock attempts to acquire positive momentum that may help it recover and rise again. The recent decline pushed the price to lean on support from its previous 50-day SMA, under the dominance of the main medium-term ascending trend, with the stock moving alongside a supporting trendline.

 

Therefore we expect the stock to rise in its upcoming trading, as long as the support level at $75.95 remains intact, targeting the pivotal resistance level at $85.15.

 

Today’s price forecast: Bullish

Forecast update for Ethereum -16-12-2025

Economies.com
2025-12-16 11:05AM UTC

The price of (ETHUSD) witnessed cautious fluctuating trading on the last intraday levels, as it is leaning on the support of bullish corrective trend line on the short-term basis, gaining bullish momentum to recover some of its previous losses, and attempting to offload some of its clear oversold conditions on the relative strength indicators, amid the continuation of the negative pressure due to its trading below EMA50, which reduces the chances of the recovery on the near-term basis.

 

 

Forecast update for bitcoin -16-12-2025

Economies.com
2025-12-16 11:02AM UTC

Bitcoin (BTCUSD) prices rose in its last intraday trading, due to the stability of $85,500  key support, which provided bullish momentum that helped it to achieve these gains, attempting to recover previous losses, and attempting to offload some of its clear oversold conditions on the relative strength indicators, especially with the emergence of the positive signals, affected by breaking bullish corrective trend line previously on the short-term basis.

 

 

Forecast update for Brent crude oil -16-12-2025

Economies.com
2025-12-16 11:00AM UTC

Brent crude oil’s price slipped lower in its recent intraday trading, breaking $60.00 key support, deepening its losses amid the continuation of the negative pressure due to its trading below EMA50 and its trading alongside steep minor bearish trend line on the short-term basis, besides the emergence of the negative signals on the relative strength indicators, despite its stability in oversold levels.