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Forecast update for Brent crude oil -11-08-2025

Economies.com
2025-08-12 12:18PM UTC
AI Summary
  • Brent crude oil price declined in last trading session, approaching critical support level at $66.00
  • Negative signals on RSI indicate beginning of forming negative divergence, with dynamic resistance below EMA50
  • BestTradingSignal.com offers high-accuracy trading signals for US stocks, crypto, forex, and VIP signals for various markets via Telegram subscription

The price of (Brent) declined in its last intraday trading, preparing to break the critical support level at $66.00, amid the dominance of the bearish trend and its trading alongside a minor bias line on the short-term basis, with the emergence of the negative signals on the (RSI), after reaching overbought levels, indicating the beginning of forming negative divergence, especially with the continuation of the dynamic resistance that is represented in its trading below EMA50. 

 

 

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Forecast update for crude oil -11-08-2025

Economies.com
2025-08-12 12:19PM UTC

The price of (crude oil) declined in its last intraday trading, due to the stability of the key resistance level at $63.75, amid the dominance of the main bearish trend and its trading alongside a minor bias line on the short-term basis, with the continuation of the negative pressure that comes from its trading below EMA50, besides the emergence of the negative signals on the (RSI), after reaching overbought levels, increasing the negative pressures on the near-term basis.

 

 

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Forecast update for Silver -11-08-2025

Economies.com
2025-08-12 11:50AM UTC

The price of (Silver) declined in its last intraday trading, to gain positive momentum that might help it to recover and rise again, where it gets positive and dynamic support that comes from its trading above EMA50, and under the dominance of the main bullish trend and its trading alongside a minor supportive bias line for this trend, noticing the emergence of the positive signals on the (RSI), after reaching oversold level.

 

 

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Forecast update for Gold -11-08-2025

Economies.com
2025-08-12 11:49AM UTC

The price of (Gold) surrendered to the negative pressures in its last intraday trading, amid the continuation of the negative pressure that comes from its trading below EMA50, affected by breaking minor bullish trend line on the short-term basis. The precious metal succeeded in offloading some of its clear oversold conditions on the (RSI), opening the way for recording more of the losses on a near-term basis. 

 

 

 

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VIP Signals (Gold, Oil, Forex, Bitcoin, Ethereum, Indices) from €179/month

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Frequently asked questions

What is the price of Brent Oil today?

The price of Brent Oil is $66.00 (2025-08-13 13:45PM UTC)