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Brent crude oil breaches an important resistance- Analysis-29-07-2025

Economies.com
2025-07-29 04:12AM UTC
AI Summary
  • Brent crude oil price settled with slight gains after breaching key resistance level at $69.00
  • Negative signals on the RSI emerged after reaching overbought levels, reducing last gains
  • BestTradingSignal.com offers high-accuracy trading signals for US stocks, crypto, forex, and VIP signals for various markets starting at €44/month

The (Brent) price settled with slight gains in its last intraday trading, amid by breaching a minor bearish trend line on the short-term basis, and breaching the key resistance level at $69.00, taking advantage of the dynamic support that is represented by its trading above EMA50, on the other hand we notice the emergence of the negative signals on the (RSI), after reaching overbought levels and that reduced the last gains of the price.

 

 

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Silver Price settles with cautious rise -Analysis-29-07-2025

Economies.com
2025-07-29 04:05AM UTC

The (silver) price settled with slight gains in its last intraday levels, after it succeeded in offloading its clear oversold conditions on the (RSI), to enter exaggerated overbought levels compared to the price move, indicating the positive momentum of the price, amid the dominance of bearish correctional wave on the short-term basis and its affection by breaking minor bullish trend line, with the continuation of the negative pressure that comes from its trading below EMA50, indicating the negative pressure on its upcoming trading.

 

 

 

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The USDCHF resumes the rise -Analysis-29-07-2025

Economies.com
2025-07-29 04:05AM UTC

The (USDCHF) price continued the rise in its last intraday trading, amid its affection by breaching a bearish trend line on the short-term basis, taking advantage of the dynamic support that is represented by its trading above EMA50, providing positive momentum, on the other hand we notice the beginning of negative overlapping signals on the (RSI), after reaching overbought levels, which might decelerate the upcoming gains.

 

 

 

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NZDUSD witnesses fluctuated trading -Analysis-29-07-2025

Economies.com
2025-07-29 04:05AM UTC

The (NZDUSD) price witnesses fluctuated moves in its last intraday trading, in attempt to recover some of its previous losses, accompanied by its attempts to offload its clear oversold on the (RSI), especially with the beginning of the positive signals that support its current attempts.

 

The pair remains under negative pressure by its stability below EMA50, besides its affection by breaking bullish correctional trend line on the short-term basis, which might limit the strength of any recovery wave in the near trading.

 

 

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Frequently asked questions

What is the price of Brent Oil today?

The price of Brent Oil is $69.67 (2025-08-01 23:54PM UTC)