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

Crude oil prices gather their strength to attack critical resistance-Analysis-22-08-2025

Economies.com
2025-08-22 03:09AM UTC
AI Summary
  • Crude oil prices declined in last intraday trading, but are expected to resume rising due to bullish momentum and dynamic support above EMA50
  • Positive signals from RSI indicate potential for price gains and targeting critical resistance at $63.75 in the near-term
  • BestTradingSignal.com offers professional trading signals with high accuracy for US stocks, cryptocurrencies, forex, and VIP signals for gold, oil, forex, bitcoin, ethereum, and indices starting at €44/month

The (crude oil) price declined in the last intraday trading, in correctional move to gather the required bullish momentum for resuming the rise, taking advantage of the dynamic support due to its trading above EMA50, settling under the dominance bullish correctional wave on the intraday levels.

 

Accompanied by the beginning of showing new positive signals by the (RSI), after the price success in offloading the previous overbought conditions, opening the way for extending its gains, and outs the critical resistance at $63.75 in the targeting circle in the near- term basis.

 

 

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Gold is under the pressure of its simple moving average - Analysis-22-08-2025

Economies.com
2025-08-22 02:58AM UTC

The (Gold) price declined in its last intraday trading, with the continuation of the negative pressure that comes from its stability below EMA50, which decelerates the recovery attempts in the last period, amid the dominance of minor bearish wave on the short-term basis, and its trading alongside a supportive bias line for this trend.

 

The (RSI) indicators began showing positive overlapping signals, after offloading the previous overbought conditions, which helped them to reduce the declines and supported the stability of the price near critical levels that might detect its upcoming trend.

 

 

 

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EURUSD surrenders to the negative pressure-Analysis-22-08-2025

Economies.com
2025-08-22 02:57AM UTC

 

The (EURUSD) settled low in its last intraday trading, affected by the dominance of the minor bearish wave on the short-term basis, with the continuation of its move alongside a supportive bias line for this track, confirming the weakness of the positive momentum.

 

The negative pressure remains valid due to its trading below EMA50, accompanied by the emergence of the negative signals on the (RSI), despite entering oversold levels, which indicates the continuation of the bearish risks in the near basis.

 

 

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Evening update for Bitcoin (BTCUSD) -21-08-2025

Economies.com
2025-08-21 18:10PM UTC

The (BTCUSD) declined in its last intraday trading, amid the dominance of minor bearish wave 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.

 

 

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