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

Forecast update for Ethereum -16-09-2025

Economies.com
2025-09-16 12:54PM UTC
AI Summary
  • Ethereum (ETHUSD) experienced sharp losses, testing key support at $4,490
  • Negative signals on relative strength indicators may indicate a need for a rising low to gain positive momentum for recovery
  • Positive pressure expected to continue as Ethereum trades above EMA50 and alongside a minor bullish trend line on a short-term basis

The price of (ETHUSD) declined in its last intraday trading, exhausting its positive chances that might provide the required bullish momentum to its recovery, where it leans on the support of its EMA50 as a last chance for this recovery, especially with the emergence of the positive signals on the (RSI), after reaching oversold levels, and under the dominance of the main bullish trend and its trading alongside supportive bias line for this track.

Forecast update for Bitcoin -16-09-2025

Economies.com
2025-09-16 12:54PM UTC

The price of (BTCUSD) declined in its last trading on the intraday levels, affected by reaching the critical resistance at $113,000, this level represents our last suggested target, 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 that comes from its trading above EMA50, besides the emergence of the positive signals on the (RSI), after offloading its overbought conditions, opening the way for achieving more of the gains in the upcoming period.

 

Forecast update for Brent crude oil -16-09-2025

Economies.com
2025-09-16 12:53PM UTC

Crude oil prices settled with correctional decline on its last intraday levels, due to the stability of the critical resistance at $67.60, attempting to gain bullish momentum that might help it to offload its clear overbought conditions on the relative strength indicators, with the emergence of the negative signals, amid the dominance of bullish correctional wave on the short-term basis alongside supportive bias line, besides its trading above EMA50, reinforcing the chances for this recovery.

Forecast update for crude oil -16-09-2025

Economies.com
2025-09-16 12:56PM UTC

Crude oil prices declined in its last intraday trading, representing healthy sign for the price momentum to recover on the near-term basis, attempting to gain bullish momentum that might help it to attack the critical resistance at $63.65, and attempting to offload some of its clear overbought conditions on the relative strength indicators, especially with the emergence of the negative signals from there, leaning on the support of its EMA50, reinforcing the price ability to rise again.