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Forecast update for Brent crude oil -07-08-2025

Economies.com
2025-08-07 11:57AM UTC
AI Summary
  • Brent crude oil price declined in last intraday trading due to resistance levels at $67.50 and negative pressure from trading below EMA50
  • BestTradingSignal.com offers professional trading signals for US stocks, crypto, forex, and VIP signals for gold, oil, forex, bitcoin, ethereum, and indices
  • VIP Trading Signals Performance report for July 28 - August 1, 2025 is available for viewing on the website

The price of (Brent) declined in its last intraday trading, due to the stability of the significant resistance levels at $67.50, where this level protect the price on the intraday levels, attempting to offload its clear oversold conditions on the (RSI), especially with the emergence of the positive signals, on the other hand, it remains affected by breaking a bullish trend line on the short-term basis, with the continuation of the negative pressure that comes from its trading below its EMA50, which makes us rule out any attempt to recover on the near-term basis.

 

 

 

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Forecast update for crude oil -07-08-2025

Economies.com
2025-08-07 11:46AM UTC

The price of (crude oil) witnessed fluctuated trading on its last intraday levels, affected by the continued negative pressure due to its trading below EMA50, and under the dominance of minor bearish wave on the short-term term basis, on the other hand, we notice the beginning of the positive signals on the (RSI), after reaching oversold levels to help the price to settle.

 

 

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

 

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Forecast update for Silver -07-08-2025

Economies.com
2025-08-07 11:46AM UTC

The price of (Silver) resumes the rise in its last intraday trading, taking advantage of the dynamic support that is represented by its trading above EMA50, reinforcing the stability of the bullish track, especially with the emergence of the positive signals on the (RSI), after its success in offloading some of its overbought conditions, which allowed it to achieve these strong gains, amid the dominance of the main bullish trend on the short-term basis and its trading alongside a supportive bias for this trend.

 

 

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

 

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Forecast update for Gold -07-08-2025

Economies.com
2025-08-07 11:45AM UTC

The price of (Gold) witnessed fluctuated trading on its last intraday trading, amid its attempts to gain positive momentum to help to recover and begin a strong bullish wave, amid the continuation of the positive pressure from its trading above EMA50, on the other hand, we notice the emergence of the negative signals on the (RSI), which decelerate the stability of the price, especially with the stability of the stubborn resistance level at $3,375.

 

 

 

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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 $66.52 (2025-08-08 19:36PM UTC)