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Evening update for crude oil -08-07-2025

Economies.com
2025-07-08 17:42PM UTC
AI Summary
  • Crude oil prices rose in the last intraday trading session, supported by trading above EMA50 and offloading overbought conditions on RSI
  • Positive signals indicate potential for further gains in the short-term
  • The article suggests a bullish trend for crude oil in the near future.

The (crude oil) rose in its last intraday trading, amid the dominance of a minor bullish wave on the short-term basis, supported by its trading above its EMA50, this last rise came after its success in offloading its clear overbought conditions on the (RSI), to notice the beginning of positive overlapping signals on them, opening the way for achieving more of the gains.

 

 

Evening update for Gold -08-07-2025

Economies.com
2025-07-08 17:42PM UTC

The (Gold) declined in its last intraday trading, building hopes for its rise amid the dominance of the bearish correctional trend on the short-term basis and its trading alongside a bias line, with the emergence of the negative signals on the (RSI), after reaching overbought levels, to surpass the support of its EMA50, intensifying the negative pressure on it.

 

 

 

Evening update for EURUSD -08-07-2025

Economies.com
2025-07-08 17:42PM UTC

The (EURUSD) settled low in its last intraday trading, after reaching our morning target at 1.1685 support, which helped it to settle on the intraday basis due to the stability of this support, amid the domination of bearish correctional wave on the short-term basis, with the continuation of the negative pressure due to its trading below EMA50, accompanied by the emergence of the negative signals on the (RSI), after the price success in offloading oversold conditions.

 

 

VeThor Token price tries to vent off oversold saturation - Analysis - 08-07-2025

Economies.com
2025-07-08 13:13PM UTC

VeThor Token’s currency price (VTHOUSD) inched slightly higher in latest intraday trading, as it attempts to vent off some of its apparent oversold saturation on the Stochastic, especially with positive signals starting to emerge. However, ongoing negative pressure persists due to trading below the 50-period SMA, under the dominance of the main downward trend and further weighed by a recent break of a short-term upward correctional trend line — all of which reinforces the bearish outlook.

 

Therefore we expect the currency to decline in upcoming intraday trading, as long as the resistance of $0.001934 holds on, targeting the first support at $0.001826.

 

Today’s price forecast: Bearish

 

 

Frequently asked questions

What is the price of Oil today?

The price of Oil is $68.384 (2025-07-09 12:35PM UTC)