Evening update for crude oil -06-08-2025
AI Summary
- Crude oil price declined in last intraday trading, preparing to break critical support level at $64.85
- Negative pressure on crude oil due to trading below EMA50 and emergence of negative overlapping signal on RSI
- BestTradingSignal.com offers high-accuracy trading signals for US stocks, crypto, forex, and VIP signals for gold, oil, forex, bitcoin, ethereum, and indices. VIP Trading Signals Performance report available for July 28 - August 1, 2025.
The (crude oil) price declined in its last intraday trading, preparing to break the critical support level at $64.85, 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 negative overlapping signal on the (RSI), after reaching overbought levels.
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Evening update for Gold -06-08-2025
The (Gold) price rose in its last intraday trading, to attack the current resistance level at $3,375, amid the dominance of a minor bullish wave on the intraday basis, taking advantage of the dynamic support that comes from its trading above EMA50, to notice that the (RSI) reached oversold levels.
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Evening update for EURUSD -06-08-2025
The (EURUSD) rose higher on its last intraday trading, taking advantage of the continuous positive support from its trading above EMA50, and under the dominance of minor strong bullish wave on the short-term basis, besides the emergence of the positive signals on the (RSI), despite reaching overbought levels.
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Forecast update for Ethereum -06-08-2025
The price of (ETHUSD) rose slightly in its last intraday trading, by reaching the resistance of the EMA50, forming negative pressure that intensified with the dominance of the bearish correctional trend on the short-term basis and its trading alongside a supportive bias line for this trend, after the price success in offloading the clear oversold on the (RSI), opening the way for recording more of the losses.
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Subscribe via TelegramVIP Trading Signals Performance – July 28 – August 1, 2025
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