Silver price seeks a bottom to boost it – Forecast today – 31-03-2025 – Economies.com

Silver price fell in latest intraday trading while seeking a bottom to help it gather momentum and rebound, thus leaning on the important support of $34.00.

It comes amid the dominance of the main upward trend as the price trades alongside the short-term trend line, with positive pressure due to trading above the 50-candle SMA, while a positive divergence forms in the Stochastic after reaching oversold levels compared to the price’s movements, sending out positive signals.

US crude oil price leans on important support – Forecast today – 31-03-2025

US crude oil price engaged in sideways trading in the intraday levels, while seeking a bottom to help it gather momentum and bounce higher, as it leaned on the current support of $68.90, while also leaning on the support of the 50-candle SMA, lending the price some momentum that helped it rebound.

It comes amid the dominance of the upward correctional trend in the short term, as the Stochastic reached oversold levels.

Brent crude price tries to pierce pivotal resistance – Forecast today – 31-03-2025

Brent crude oil price advanced in latest intraday trading while trying to pierce the stubborn and pivotal resistance of $73.60, boosted by trading above the 50-candle SMA, amid the dominance of the upward correctional trend in the short term as the price trades alongside the trend line, while the Stochastic reached oversold levels compared to the price’s movements, hinting at positive divergence, which doubles positive momentum for the price.

Bitcoin price readies to breach current support – Forecast today – 31-03-2025

Bitcoin price fell in latest intraday levels, hurt by a negative technical pattern that’s forming in the short term, the Rising Wedge pattern, as as the price thus ends the upward correctional wave and resumes the main downward trend once more, with negative signals streaming from the Stochastic after the price vented off oversold saturation that was apparent there despite the total dominance of selling pressures, indicating the strength of this trend.