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

Crude oil prices decline by its current resistance's effect- Analysis-29-08-2025

Economies.com
2025-08-29 02:04AM UTC
AI Summary
  • Crude oil prices declined after hitting $64.00 resistance, but may rise again with new bullish momentum
  • Negative divergence on RSI could lead to temporary correctional declines before another attempt to rise
  • Forecast suggests a rise in crude oil prices if $64.00 resistance is breached, targeting $65.00 resistance. VIP Trading Signals available for various markets.

The (crude oil) price declined in the last intraday trading, after hitting $64.00 resistance, which represents the previous target, attempting to gather a new bullish momentum that might allow it to breach this resistance, this comes amid the dominance of the bullish correctional trend on the short-term basis, besides its trading alongside supportive bias line for the trend.

 

Despite the continuous support that comes from its stability above EMA50, but the negative divergence on the (RSI) with the negative overlapping signals that might push the price to temporary correctional declines, to offload the overbought condition before any new attempt to rise.

 

Therefore, we suggest a rise in (crude oil) prices in the upcoming intraday trading, conditioned by breaching $64.00 resistance, to target its critical resistance at $65.00.

 

The expected trading range is between $63.00 support and $65.00 resistance.

 

Today's forecast: Bullish

VIP Trading Signals Performance by BestTradingSignal.com (August 18–22, 2025)

 

BestTradingSignal.com – Professional Trading Signals with high accuracy. Subscribe now to tailored packages for the world’s leading markets and receive signals instantly via Telegram from an expert team:

 

US Stock Signals from €44/month

Subscribe via Telegram

Crypto Signals from €49/month

Subscribe via Telegram

Forex Signals from €49/month

Subscribe via Telegram

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

Subscribe via Telegram
 

Check full VIP signals performance report for the week of August 18–22, 2025: Full Report

Gold price gathers gains - Analysis-29-08-2025

Economies.com
2025-08-29 01:59AM UTC

The (Gold) price declined in its last intraday trading in a natural profit taking after strong bullish wave, amid its attempts to offload the clear overbought conditions on the (RSI), which began showing negative overlapping signal, this intraday decline might provide a chance for taking its breath and gathering its positive strength again.

 

Despite the current decline, gold remains supported by its trading above EMA50, besides the dominance of the bullish trend on the short-term basis alongside a minor bias line, reinforcing the possibilities for resuming the strong rise.

 

Therefore, our expectations suggest a rise in (Gold) price in its upcoming intraday trading, especially when confirming breaching the main resistance at $3,400 by holding above it, to target the critical resistance level at $3,435.

 

The expected trading range is between $3,380 support and $3,435 resistance.

 

Today's forecast: Bullish

VIP Trading Signals Performance by BestTradingSignal.com (August 18–22, 2025)

 

BestTradingSignal.com – Professional Trading Signals with high accuracy. Subscribe now to tailored packages for the world’s leading markets and receive signals instantly via Telegram from an expert team:

 

US Stock Signals from €44/month

Subscribe via Telegram

Crypto Signals from €49/month

Subscribe via Telegram

Forex Signals from €49/month

Subscribe via Telegram

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

Subscribe via Telegram
 

Check full VIP signals performance report for the week of August 18–22, 2025: Full Report

EURUSD attempts to offload its overbought condition -Analysis-29-08-2025

Economies.com
2025-08-29 01:53AM UTC

The (EURUSD) declined in its last intraday trading, in a natural profit taking move after its previous rise, attempting to gain bullish momentum that might support it to return to rise again, accompanied by the attempts of the price to offload the clear overbought conditions on the (RSI), after reaching exaggerated high levels.

 

Despite this slight decline, the price remains supported by its trading above EMA50, besides the dominance of minor bullish wave on the short-term basis, keeping the expectations valid unless it loses its current support levels.

 

Therefore, our expectations suggest a rise in the (EURUSD) price in its upcoming intraday trading, if it settles above 1.1665 resistance, to target the critical resistance level at 1.1730.

 

The expected trading range is between 1.1630 support and 1.1730 resistance.

 

Today’s forecast: Bullish

 

VIP Trading Signals Performance by BestTradingSignal.com (August 18–22, 2025)

 

BestTradingSignal.com – Professional Trading Signals with high accuracy. Subscribe now to tailored packages for the world’s leading markets and receive signals instantly via Telegram from an expert team:

 

US Stock Signals from €44/month

Subscribe via Telegram

Crypto Signals from €49/month

Subscribe via Telegram

Forex Signals from €49/month

Subscribe via Telegram

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

Subscribe via Telegram
 

Check full VIP signals performance report for the week of August 18–22, 2025: Full Report

Evening update for Bitcoin (BTCUSD) -28-08-2025

Economies.com
2025-08-28 17:28PM UTC

The (BTCUSD) found difficulty in extending its gain in its last intraday trading, as it reached the resistance of its EMA50, accompanied by testing a bullish momentum that might help it to surpass the negative pressure, after its succeeded in breaching the critical resistance at $112,00, with the emergence of the positive signals on the (RSI).

VIP Trading Signals Performance by BestTradingSignal.com (August 18–22, 2025)

 

BestTradingSignal.com – Professional Trading Signals with high accuracy. Subscribe now to tailored packages for the world’s leading markets and receive signals instantly via Telegram from an expert team:

 

US Stock Signals from €44/month

Subscribe via Telegram

Crypto Signals from €49/month

Subscribe via Telegram

Forex Signals from €49/month

Subscribe via Telegram

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

Subscribe via Telegram
 

Check full VIP signals performance report for the week of August 18–22, 2025: Full Report