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Forecast update for Brent crude oil -10-07-2025

Economies.com
2025-07-10 12:00PM UTC
AI Summary
  • Brent crude oil price is experiencing fluctuated moves within a limited range of sideways trading
  • Positive momentum is expected to assist in recovery, despite negative signals on the RSI
  • The bullish trend is dominant, with trading above EMA50 and alongside a minor bias line on a short-term basis

The price of (Brent) witnesses fluctuated moves within limited range of the sideways trading, in attempt to gain a positive momentum that might assist it to recover again, due to the emergence of the negative signals on the (RSI), with the continuation of the positive dynamic pressure due to its trading above EMA50, and under the dominance of the bullish trend and its trading alongside a minor bias line on the short-term basis.

 

 

Forecast update for crude oil -10-07-2025

Economies.com
2025-07-10 12:00PM UTC

The price of (crude oil) declined in its last intraday trading, amid the emergence of the negative signals on the (RSI), attempting to gain positive momentum that might assist it to recover and rise again, amid the dominance pf the main bullish 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 its EMA50, forming dynamic support that prevent the bearish track.

 

 

 

Forecast update for Silver -10-07-2025

Economies.com
2025-07-10 12:00PM UTC

The price of (Silver) extended its gains in its last intraday trading, taking advantage of the dynamic support in 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, besides the emergence of the positive signals on the (RSI), after reaching oversold levels.

 

Forecast update for Gold -10-07-2025

Economies.com
2025-07-10 11:07AM UTC

The price of (Gold) rose in its last intraday trading, taking advantage of surpassing the negative pressure that comes from the EMA50, settled above the resistance of $3,315, despite this last rise the price still moving alongside a bearish correctional trend line on the short-term basis, which might extend its upcoming gains, reversing the intraday trend, especially with the beginning of forming negative divergence on the (RSI), after reaching overbought levels, with the emergence of the negative overlapping signals on them.

Frequently asked questions

What is the price of Brent Oil today?

The price of Brent Oil is $70.36 (2025-07-11 22:24PM UTC)