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Brent Crude Oil Price Forecast Update - 08-04-2025

Economies.com
2025-04-08 10:42AM UTC

Brent crude oil prices (Brent) have dropped in recent intraday trading, affected by the stability of the resistance level at $64.80. beside the negative signals that emerge from the (RSI), after reaching the oversold areas, amidst the dominance of the main downward trend in the short-term basis.

Crude Oil Price Forecast Update - 08-04-2025

Economies.com
2025-04-08 10:34AM UTC

Crude oil prices (Crude Oil) have dropped in recent intraday trading, as negative signals from the relative strength indicators have started to appear again. This follows the price’s success in surpassing its previous overbought conditions, amidst the dominance of the main downward trend in the short term.

Gold Price Forecast Update - 08-04-2025

Economies.com
2025-04-08 10:26AM UTC

Gold price has declined in its recent intraday trading, following the stability of the psychological resistance level at $3,000. This is amidst the dominance of a short-term corrective downward wave, with continued negative pressure due to trading below the EMA50.

 

The EURUSD price forecast update - 08-04-2025

Economies.com
2025-04-08 10:22AM UTC

The EURUSD pair declined in its last intraday trading, to clear most of its early gains, and settling below 1.0945, this is amidst the continued dominance of a corrective downward wave and its trading along a trend line on the intraday levels, after the price attempted to offload some of its clear oversold condition on the (RSI).