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Evening update for crude oil -07-07-2025

Economies.com
2025-07-07 17:31PM UTC
AI Summary
  • Crude oil prices continued to rise, settling above the resistance level at $66.00
  • Positive signals on the RSI after reaching oversold levels suggest a positive scenario for crude oil
  • The continuous trading above the EMA50 further supports the bullish trend for crude oil

The (crude oil) extended its gains in its last intraday trading, to settle above the resistance level at $66.00, supported by its continuous trading above its EMA50, with the emergence of the positive signals on the (RSI), after reaching oversold levels, reinforcing the positive scenario.

 

 

Evening update for Gold -07-07-2025

Economies.com
2025-07-07 17:31PM UTC

The (Gold) rose in its last intraday trading, after reaching our morning target at the support at $3,295, gaining positive momentum due to the stability of this support, especially with the beginning of the positive signals on the (RSI), after reaching oversold levels, to surpass the resistance of its EMA50, to surpass its negative pressure.

 

 

Evening update for EURUSD -07-07-2025

Economies.com
2025-07-07 17:30PM UTC

The (EURUSD) declined in its last intraday trading, amid the dominance of bearish correctional wave on a short-term basis, with negative pressure due to its trading below EMA50, with the continuation of the negative signals on the (RSI), despite reaching oversold levels, indicating the decrease of the surrounding negative momentum of the pair.

 

 

Alpha Quark Token price tries to vent off overbought saturation - Analysis - 07-07-2025

Economies.com
2025-07-07 12:11PM UTC

Alpha Quark Token’s currency price (AQTUSDT) declined in latest intraday trading, as the price attempts to gather positive momentum that may help it rise anew, while also trying to vent off some of its overbought saturation on the Stochastic, especially with negative signals starting to stream from it. This comes amid the dominance of an upward correctional trend in the short term and trading alongside a rising trend line, with ongoing positive support from trading above the 50-period SMA.

 

Therefore we expect the currency to rise in upcoming intraday trading, as long as it remains above the price of 0.9987, targeting the pivotal resistance of 1.1500.

 

Today’s price forecast: Bullish

 

 

Frequently asked questions

What is the price of Oil today?

The price of Oil is $67.964 (2025-07-08 12:55PM UTC)