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Crude oil prices surrender to the negative pressure-Analysis-19-08-2025

Economies.com
2025-08-19 03:06AM UTC
AI Summary
  • Crude oil prices declined after bouncing off critical support at $62.00, facing negative pressure from EMA50 resistance and a minor bearish wave.
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The (crude oil) price declined in its last intraday trading, after it managed to offload the clear oversold levels on the (RSI), taking advantage of its stability at the critical support at $62.00, providing some of the positive momentum that helped it to bounce higher temporarily.

 

The price reached the resistance of its EMA50, putting it under negative pressure that returns the dominance of the sellers, especially with the continuation of the minor bearish wave on the short-term basis, reinforcing the possibilities of resuming the decline towards new support levels.

 

 

 

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Gold is fluctuating with a bearish track on the short-term basis - Analysis-19-08-2025

Economies.com
2025-08-19 03:06AM UTC

The (Gold) trading fluctuated on its last intraday levels, where it kept moving within minor bearish range on a short-term basis, indicating cautiousness and uncertainty, besides the continuation of the negative pressure due to stability below EMA50, which remains an obstacle against the price attempt to recover.

 

The (RSI) showed continued bearish signals, indicating the continuation of the seller’s dominance on the scene, increasing the possibility for the extension of the pressure towards new support levels unless showing strong rebound that changes the current technical image.

 

 

 

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EURUSD breaks its bullish channel and faces strong negative pressure-Analysis-19-08-2025

Economies.com
2025-08-19 03:05AM UTC

The (EURUSD) continued its decline in its last intraday trading, to exit minor bullish channel’s range that supported its move in the last period on a short-term basis, accompanied by surpassing the EMA50 to the downside, reinforcing the negative pressure.

 

Noticing the emergence of the negative signals on the (RSI), despite reaching oversold levels, indicating the continuation of the selling momentum, this scenario might open the way for targeting new support levels unless the price manages to return to its balance.

 

 

 

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Evening update for Bitcoin (BTCUSD) -18-08-2025

Economies.com
2025-08-18 17:38PM UTC

The (BTCUSD) rose in its last intraday trading, affected by the stability of the support level at$114,500, gaining positive momentum that helped it to recover some of its previous losses, and it is attempting to offload some of its clear overbought conditions on the (RSI), especially with the emergence of positive overlapping signals, amid the continuation of the negative pressure that comes from its trading below EMA50, affected by breaking a minor bullish trend line on the short-term basis.

 

 

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Frequently asked questions

What is the price of Oil today?

The price of Oil is $62.444 (2025-08-19 20:05PM UTC)