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Forecast update for crude oil -01-12-2025

Economies.com
2025-12-01 10:58AM UTC

The price of (crude oil) declined in its last intraday trading, gathering the gains of its previous rises, attempting to gain bullish momentum that might help it to rise again, and it attempts to offload some of the overbought conditions on the relative strength indicators, especially with the emergence of the negative signals, amid the continuation of the dynamic support that is represented by its trading above EMA50, affected by positive formation on the short-term basis ( the double bottom pattern).

 

 

Forecast update for silver -01-12-2025

Economies.com
2025-12-01 10:55AM UTC

The price of (silver) returned to rise on its last intraday trading, approaching new all-time highs, especially after offloading some of its overbought conditions on the relative strength indicators, opening the way for achieving mote of the gains, amid the dominance of the main bullish trend on the short-term basis, alongside main and minor trend lines that support the stability of this track.

 

 

Forecast update for Gold -01-12-2025.

Economies.com
2025-12-01 10:52AM UTC

The price of (Gold) rose in its last intraday trading, to confirm breaching the key resistance at $4,225, amid the dominance of the main bullish trend and its trading alongside supportive minor trend line for this track, with the emergence of the positive signals on the relative strength indicators, despite reaching overbought levels, which might reduce the upcoming gains.

 

 

Forecast update for EURUSD -01-12-2025.

Economies.com
2025-12-01 10:50AM UTC

The price of (EURUSD) rose in its last intraday trading, breaching its current resistance at 1.1605, taking advantage of its trading above EMA50, with its trading alongside minor bullish corrective trend line on the short-term basis, on the other hand, we notice the emergence of negative overlapping signals on the relative strength indicators, after reaching overbought levels, which might obstruct the rise in the upcoming period.