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Forecast update for Gold -01-08-2025

Economies.com
2025-08-01 12:43PM UTC
AI Summary
  • Gold price rose on last intraday trading, supported by stability at $3,285 and positive RSI signals
  • BestTradingSignal.com offers high-accuracy trading signals for US stocks, crypto, forex, and VIP signals
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The price of (Gold) rose on its last intraday trading, due to the stability of the key support at $3,285, which assisted it to gain the positive momentum to achieve strong gains on the intraday level, due to the emergence of the positive signals on the (RSI), after reaching oversold levels, reinforcing the chances for achieving more of the gains on the near-term basis, despite the continuation of the negative pressures that comes from its trading below EMA50, which might confines any attempts for recovery.

 

 

 

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Forecast update for EURUSD -01-08-2025

Economies.com
2025-08-01 12:42PM UTC

The price of (EURUSD) rose slightly in its last intraday trading, attempting to recover its early losses, to offload some of its clear oversold levels on the (RSI), especially with the emergence of positive signals that reinforce the chances for intraday stability.

This limited rise comes amid the continuation of the dominance of bearish correctional wave, indicating the superiority of the selling powers on the trading in the near-term basis, imposing restrictions on any attempts for recovery.

 

 

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US Stock Signals from €44/month

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The EURNZD renews the positive action– Forecast today – 1-8-2025

Economies.com
2025-08-01 05:29AM UTC

The EURNZD ended the correctional decline after testing the top level of the support base by hitting 1.9280 level, forming a strong bullish rally to notice reaching 1.9420.

 

We expect to form a strong extra support at the 1.9345 level and provide positive momentum by the positive momentum makes the price resume the bullish attempts to reach 1.9480 and surpassing it will extend the trading directly to the next positive target near 1.9530.

 

The expected trading range for today is between 1.9360 and 1.9480

 

Trend forecast: Bullish

The EURJPY renews the positive action– Forecast today – 1-8-2025

Economies.com
2025-08-01 05:27AM UTC

The EURJPY pair confirmed the stability of the bullish track by its rally above 170.45 level yesterday, which allows it to record several gains by reaching 172.30 as appears in the above image. The 170.45 level will remain the line between the return of the bearish correctional track or resuming the main bullish attack, to expect providing positive momentum by stochastic, in attempt to target 172.80 level, to repeat the pressure on the resistance at 173.45.

 

The expected trading range for today is between 171.40 and 172.80

 

Trend forecast: Bullish by the stability of 170.45

 

Frequently asked questions

What is the price of Gold today?

The price of Gold is $3362.680 (2025-08-01 23:05PM UTC)