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Crude oil gathers its positive strength -Analysis-10-07-2025

Economies.com
2025-07-10 03:15AM UTC
AI Summary
  • Crude oil experienced a slight decline in intraday trading but is expected to gain positive momentum to return to a bullish track
  • The bullish trend is supported by trading above EMA50 and positive signs on the RSI
  • The short-term outlook for crude oil remains positive with potential for a rise in upcoming moves

The (crude oil) declined slightly in its last intraday trading, in attempt to gain a positive momentum that might help it to recover and return to the bullish track, this limited decline comes with the continuation of the trading above EMA50, which provides dynamic support for its move.

 

The dominance of the positivity continues on the bullish trend on the short-term basis, supported by trading alongside a bullish trend line, besides the positive signs on the (RSI), which reinforces the possibilities for resuming the rise in its upcoming moves.

 

 

 

Gold price is attempting to get rid of its negative pressure -Analysis-10-07-2025

Economies.com
2025-07-10 03:14AM UTC

The (Gold) price continued its gains in its last intraday trading, supported by the emergence of positive signals on the (RSI), despite entering overbought levels. the price managed to surpass the resistance level at $3,315, indicating clear improvement in the bullish momentum on the intraday basis.

 

This rise is accompanied by surpassing the EMA50, despite the continuation of the trading within a bearish correctional trend on the short-term basis, and its stability alongside a bearish bias line, this contradiction between the technical signs might open the way for fluctuated trading unless confirming changing the main trend.

 

 

EURUSD is retesting a significant resistance -Analysis-10-07-2025

Economies.com
2025-07-10 03:14AM UTC

The (EURUSD) rose in its last intraday trading, supported by the emergence of positive signals on the (RSI), which assisted the pair to regain its bullish momentum temporarily. This rise pushed it to retest the significant resistance at 1.1745.

 

This rise is accompanied by approaching from the top of bearish correctional channel that limited its moves recently, besides hitting the resistance of the EMA50, which adds more of technical importance to the barrier, which might limit the price in its upcoming move.

 

 

Evening update for Bitcoin (BTCUSD) -09-07-2025

Economies.com
2025-07-09 17:22PM UTC

The (BTCUSD) rose in the last intraday levels, after it succeeded in its previous trading in offloading its clear overbought conditions on the (RSI), to notice the beginning of positive overlapping signals appearance on the short-term basis, and its trading alongside a bias line.

 

 

 

Frequently asked questions

What is the price of Oil today?

The price of Oil is $68.686 (2025-07-11 22:45PM UTC)