Trending: Oil | Gold | BITCOIN | EUR/USD | GBP/USD

Forecast update for Brent crude oil -11-07-2025

Economies.com
2025-07-11 12:36PM UTC
AI Summary
  • Brent crude oil price rose with positive divergence on RSI and oversold levels
  • Price trading alongside minor bullish trend line on short-term basis
  • Dynamic support represented by trading above EMA50 is continuing

The price of (Brent) rose in its last intraday levels, with the beginning of positive divergence on the (RSI), after reaching oversold levels, with the beginning of the positive signals emergence from there, amid the price trading alongside a minor bullish trend line on the short-term basis, with the continuation of the dynamic support that is represented by its trading above EMA50.

 

 

 

Forecast update for crude oil -11-07-2025

Economies.com
2025-07-11 12:36PM UTC

The price of (crude oil) began to recover in its last intraday trading, due to the strong support from the stability of the support at $66.00, accompanied by the stability of the price lean on the support of EMA50, and testing a main bullish trend line on the short-term basis, besides forming a positive divergence on the (RSI), after reaching oversold levels, with the beginning of the positive signals.

 

 

Forecast update for Silver -11-07-2025

Economies.com
2025-07-11 12:36PM UTC

The price of (Silver) rose in its last intraday trading, breaching the critical resistance level at $37.30, amid the emergence of the positive signals on the (RSI), despite reaching overbought levels, amid the dominance of the main bullish trend and its trading alongside a bias line, supporting a dynamic support that renews the positive momentum.

 

 

 

Forecast update for Gold -10-07-2025

Economies.com
2025-07-11 12:36PM UTC

The price of (Gold) rose in its last intraday trading, amid its affection by breaching bearish correctional trend on the short-term basis, taking advantage of the dynamic support that is represented by its trading above EMA50, besides the emergence of the positive signals on the (RSI), intensifying the positive momentum.

 

 

Frequently asked questions

What is the price of Brent Oil today?

The price of Brent Oil is $70.36 (2025-07-11 23:54PM UTC)