Forecast update for crude oil -04-09-2025
AI Summary
- Crude oil price continued to decline, reaching support level at $62.85, with negative pressure from trading below EMA50 and breaking bullish trend line.
- Positive signals on RSI after reaching oversold levels may reduce upcoming losses for crude oil.
- BestTradingSignal.com offers high-accuracy trading signals for US stocks, crypto, forex, and VIP signals for gold, oil, forex, bitcoin, ethereum, and indices.
The price of (crude oil) continued the decline in its last intraday trading, to reach our morning target at the support level at $62.85, amid the continuation of the negative pressure that comes from its trading below EMA50, affected by breaking bullish correctional trend line on the short-term basis, on the other hand, we notice the emergence of the positive signals on the (RSI), after reaching oversold levels, which might reduce the upcoming losses, especially if the mentioned support settles.
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Forecast update for Silver -04-09-2025
The price of (Silver) rose in its last intraday trading, amid the dominance of the main bullish trend and its trading alongside a minor bias line for this trend, with the continuation of the positive pressure that comes from its trading above EMA50, besides the emergence of positive overlapping signals on the (RSI), after reaching oversold levels, to suggest begin forming positive divergence.
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Forecast update for Gold -04-09-2025
The price of (Gold) settled high in its last intraday trading, after offloading its clear overbought condition on the (RSI), noticing the emergence of positive overlapping signals, increasing the positive momentum, especially with the dominance of the main bullish trend and its trading alongside a supportive minor bias line for the track, indicating its strength and dominance on the near-term basis.
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Forecast update for EURUSD -04-09-2025.
The price of (EURUSD) rose cautiously in its last intraday trading, amid the continuation of the negative that comes from its trading below EAM50, holding below the resistance of 1.1660, besides the emergence of the negative signals on the (RSI), after reaching exaggerated overbought levels that intensifies the negative pressure.
VIP Trading Signals Performance by BestTradingSignal.com (August 25–29, 2025)
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Subscribe via TelegramFull VIP signals performance report for August 25–29, 2025: