Evening update for crude oil -29-08-2025
AI Summary
- Crude oil slipped lower in last intraday trading, looking for a rising low to gain positive momentum
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The (crude oil) slipped lower in its last intraday trading, amid its attempts to look for a rising low to take it as a base to gain the required positive momentum to recover, amid the dominance of bullish correctional wave on the short-term basis, with the continuation of the positive pressure that comes from its trading above EAM50, noticing the (RSI) reach to the oversold levels, exaggeratedly compared by the price move.
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Evening update for Gold -29-08-2025
The (Gold) price wore green in its last trading on the intraday basis, breaching the main resistance level at $3,400, rising high taking advantage of the positive pressure that comes from its trading above EMA50, and under the dominance of the main bullish trend and its trading alongside main and minor bias lines, besides the emergence of the positive signals on the (RSI), after offloading its overbought conditions, opening the way for this rise.
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Evening update for EURUSD -29-08-2025
The (EURUSD) rose high in its last intraday trading, after its lean on the support of EMA50, gaining bullish momentum that helped it to recover and achieve these gains, especially after its success in offloading its overbought levels on the (RSI), opening the way for achieving more of the gains, especially with the emergence of the positive signals, amid the dominance of minor bullish wave on the short-term basis.
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Forecast update for Ethereum -29-08-2025
The price of (ETHUSD) declined in its last intraday levels, amid the continuation of the negative pressure that comes from its trading below EMA50, with the emergence of the negative signals on the (RSI), to break the main bullish trend line on the short-term basis, ending the hopes of the recovery on the near-term basis, to intensify the negative pressures, and increasing the chances for targeting new support levels in the upcoming period.
VIP Trading Signals Performance by BestTradingSignal.com (August 18–22, 2025)
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Subscribe via TelegramVIP Signals (Gold, Oil, Forex, Bitcoin, Ethereum, Indices) from €179/month
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