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Brent crude oil settles with sharp losses- Analysis-04-08-2025

Economies.com
2025-08-04 04:14AM UTC
AI Summary
  • Brent crude oil settled with sharp losses in its last intraday trading, leaning on support at $69.00
  • Positive overlapping signals may push the price towards cautious bullish rebounds to offload oversold condition
  • BestTradingSignal.com offers professional trading signals for US stocks, crypto, forex, and VIP signals for gold, oil, forex, bitcoin, ethereum, and indices

The (Brent) price settled with strong losses in its last intraday trading, to lean on the current support at $69.00, which reduced the losses especially with the (RSI) reach to the oversold levels, besides the emergence of positive overlapping signals from there, which might push the price towards cautious bullish rebounds to attempt to offload this oversold condition, at the same time it attempts to recover its previous losses.

 

 

 

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Silver Price is rising carefully -Analysis-04-08-2025

Economies.com
2025-08-04 04:06AM UTC

The (silver) price rose in its last intraday trading, but it remains under the dominance of the bearish correctional trend on the short-term basis, with the continuation of its trading alongside a bias line that indicates the negative pressures, and its stability below EMA50 reinforces this pressure and limits the strength of the current rise.

 

The (RSI) began showing negative overlapping signals after reaching overbought levels, indicating the weakness of the positive momentum and a potential return to the selling pressure on the near-term basis unless they breached the resistance levels.

 

 

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VIP Trading Signals Performance – July 28 – August 1, 2025

 

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The USDCHF leans on minor bullish trend line-Analysis-04-08-2025

Economies.com
2025-08-04 04:06AM UTC

The (USDCHF) price declined in its last intraday trading, to test minor correctional bullish trend line on the short-term basis, accompanied by its lean on the support of its EMA50, in attempt to look for a rising low to use it as a base that assist it to rise and recover, besides the emergence of positive overlapping signals on the (RSI), after reaching oversold level.

 

 

 

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VIP Trading Signals Performance – July 28 – August 1, 2025

 

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NZDUSD gathers its gains -Analysis-04-08-2025

Economies.com
2025-08-04 04:06AM UTC

The (NZDUSD) price declined in its last intraday trading, to gather the gains of its previous rises, and attempts to gain bullish momentum that might assist it to rise again, affected by breaching a minor bearish trend line on the short-term basis, the price remains under negative pressure that comes from its trading below EMA50, besides the (RSI) indicators’ enter to overbought levels, which suggest forming negative divergence and that might intensify the negative pressure on it.

 

 

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VIP Trading Signals Performance – July 28 – August 1, 2025

 

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Frequently asked questions

What is the price of Brent Oil today?

The price of Brent Oil is $68.38 (2025-08-04 14:36PM UTC)