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Forecast update for Brent crude oil -15-08-2025

Economies.com
2025-08-15 12:34PM UTC
AI Summary
  • Brent crude oil price declined in last trading, facing resistance at $66.00 and forming negative divergence on RSI
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The price of (Brent) declined in its last intraday trading, as it reached the resistance of its aema50, surrendering to the negative pressure and announcing the stability of the critical resistance at $66.00, intensifying the negative pressure on the price, especially with forming negative divergence on the (RSI), after reaching overbought levels, with the emergence of the negative signals from there.

 

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Forecast update for crude oil -15-08-2025

Economies.com
2025-08-15 12:10PM UTC

The price of (crude oil) declined in its last intraday trading, forming negative divergence on the (RSI), after reaching overbought levels, with the emergence of the negative signals, amid the continuation of the negative pressure that comes from its trading below EMA50, and under the dominance of the bearish trend on the short-term basis, reinforcing the bearish scenario.

 

 

 

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Forecast update for Silver -15-08-2025

Economies.com
2025-08-15 12:10PM UTC

The price of (Silver) declined in its last intraday trading, ending the opportunities for the recovery, confirming breaking a minor bullish trend line on the short-term basis, amid its affection by the negative pressure of its trading below EMA50, the emergence of the positive signals on the (RSI) reinforces the dominance of the negative scenario, after reaching oversold levels, to attempt to offload some of the oversold conditions.

 

 

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Forecast update for Gold -15-08-2025

Economies.com
2025-08-15 12:10PM UTC

The price of (Gold) declined in its last intraday trading, amid the continuation of the negative pressure that comes from its trading below EMA50, affected by breaking minor bullish bias line on the short-term basis, intensifying the negative pressure around the price, despite the emergence of the positive signals on the (RSI), after reaching oversold levels, attempting to offload some of its oversold conditions, which represents strong signal for the dominance of the negative momentum on the price.

 

 

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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 $65.85 (2025-08-15 23:54PM UTC)