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Forecast update for crude oil -03-07-2025

Economies.com
2025-07-03 12:01PM UTC
AI Summary
  • Crude oil price rose in last intraday levels, showing signs of recovery after offloading overbought conditions on the RSI
  • Dynamic support from trading above EMA50 expected to lead to more gains in the future period

The price of (crude oil) rose in its last intraday levels, to begin its recovery after it succeeded in its early moves in offloading some of its clear overbought conditions on the (RSI), opening the way towards achieving more of the gains, taking advantage of the dynamic support that is represented by its trading above EMA50, providing stability for the bullish moves in the upcoming period.

Forecast update for Silver -03-07-2025

Economies.com
2025-07-03 12:01PM UTC

The price of (Silver) extended its gains in its last intraday trading, supported by its trading above EMA50, which represents a dynamic support, under the dominance of the main bullish trend and its trading alongside a minor bias line on the short-term basis, on the other hand, we notice the emergence of the negative signals on the (RSI), after reaching overbought levels, in attempt to offload this overbought conditions, which decelerates the strength of the price rise.

Forecast update for Gold -03-07-2025

Economies.com
2025-07-03 12:01PM UTC

The price of (Gold) witnessed fluctuated moves in its last intraday trading, with the emergence of the negative signals on the (RSI), after reaching overbought level, on the other hand, the price is affected by the price exit from bearish correctional channel’s range that limited its trading on the short-term basis, taking advantage of the dynamic support that is represented by its trading above EMA50, forming an obstacle that suggest the stability of the positive expectations.

 

 

Forecast update for EURUSD -03-07-2025

Economies.com
2025-07-03 12:01PM UTC

The price of (EURUSD) rose in its recent intraday levels, amid the dominance of the main bullish trend on a short-term basis and its trading alongside bias line, supported by its continuous trading above EMA50, on the other hand, we notice the beginning of the negative signals on (RSI), after reaching overbought levels which decelerates the gains of the last pair.

 

 

 

Frequently asked questions

What is the price of Oil today?

The price of Oil is $66.735 (2025-07-04 08:25AM UTC)