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Brent crude oil is looking for a trend- Analysis-16-07-2025

Economies.com
2025-07-16 06:32AM UTC
AI Summary
  • Brent crude oil price declined in last trading session, trading below EMA50 and leaning on critical support level at $68.00
  • Main bullish trend still dominant on short-term basis, with positive signals on RSI after reaching oversold levels

The (Brent) price declined in its last trading on the intraday levels, with the continuation of the negative pressure due to its trading below EMA50, leaning on the critical support level at $68.00, amid the dominance of the main bullish trend on the short-term basis and its trading alongside a bias line, with the emergence of the positive signals on the (RSI), after reaching oversold levels.

 

 

 

 

 

 

 

 

Silver price attempts to recover -Analysis-16-07-2025

Economies.com
2025-07-16 06:32AM UTC

The (silver) price rose in its last intraday trading, after its attempt to find a rising low to take it as a base for gaining the required positive momentum for the recovery, amid the continuation of the positive and dynamic pressure that is represented by its trading above EMA50, and under the dominance of the main bullish trend on the short-term basis and its trading alongside a bias line, noticing the beginning of positive signals emergence on the (RSI), after reaching oversold levels.

 

 

The USDCHF is getting ready for a new bullish move -Analysis-16-07-2025

Economies.com
2025-07-16 06:15AM UTC

The (USDCHF) price settled with a rise in its last intraday trading, after its attempts to gather the gains of its last rises, and attempted to offload its clear overbought conditions on the (RSI), 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 due to its trading above EMA50, representing dynamic support that assist the stability of the bullish trend.

NZDUSD surrenders to the negative pressure -Analysis-16-07-2025

Economies.com
2025-07-16 06:15AM UTC

The (NZDUSD) price returned to decline in its last intraday trading, amid the dominance of the bearish correctional trend on the short-term basis and its trading indicates the dominance of this trend, with the continuation of the negative pressure due to its trading below EMA50, this decline came due to its previous attempts to offload some of the clear oversold conditions on the (RSI), especially with the emergence of positive overlapping signal on it, the negative pressure effect was stronger on the pair.

Frequently asked questions

What is the price of Brent Oil today?

The price of Brent Oil is $68.42 (2025-07-17 08:24AM UTC)