Forecast update for crude oil -01-09-2025
AI Summary
- Crude oil price experienced a significant increase in its last intraday trading session, with bullish momentum pushing it towards the key resistance level at $65.00.
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The price of (crude oil) soars high in its last intraday trading, due to its lean on bullish correctional bias line on the short-term basis, gaining bullish momentum that helped it to achieve these strong gains, especially with the emergence of the positive signals on the (RSI), after reaching oversold levels, preparing to reach our morning target at the key resistance at $65.00.
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Forecast update for Silver -01-09-2025
The price of (Silver) continued the rise in its last intraday trading, due to the dominance of the main bullish trend on the short-term basis and its move alongside main and minor bias lines, with the continuation of the positive pressure that comes from its trading above EMA50, on the other hand, we notice the emergence of negative overlapping signals on the (RSI), after reaching overbought levels, accompanied by the weakness of the rise on the intraday basis, which makes us witness some correctional rebounds to gather the gains and offload this overbought condition.
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Forecast update for Gold -01-09-2025
The price of (Gold) declined in its last intraday trading, gather the gains of its previous rises, and attempts to offload some of its clear overbought level on the (RSI), especially with the emergence of the negative signals, in a natural technical correctional move to gather the required positive momentum to recover and resume its rise again, amid the dominance of the main bullish trend on the short-term basis and its trading alongside minor and main bias lines that support this track.
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Forecast update for EURUSD -01-09-2025.
The price of (EURUSD) extended its rise in its last intraday trading, reaching our morning target at the key resistance of 1.1730, taking advantage of the dynamic support that is represented by its trading above EMA50, with its trading alongside a bullish correctional trend line on the short-term basis, on the other hand, we notice the emergence of negative overlapping signals on the (RSI), after reaching overbought levels, forming an obstacle against the continuation of the rise on the intraday basis, pushing for some correctional rebounds, to target offloading these overbought conditions.
VIP Trading Signals Performance by BestTradingSignal.com (August 25–29, 2025)
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