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Forecast update for crude oil -08-12-2025

Economies.com
2025-12-08 10:44AM UTC

 

The price of (crude oil) slipped lower in its last intraday trading, to settle again below $59.85resistnace, with the emergence of the negative signals on the relative strength indicators, attempting to gain bullish momentum that might help it to recover again, amid its trading alongside minor bullish trend line, and a dynamic support that is represented by its trading alongside minor bullish trend line on the short-term basis, and there is dynamic pressure that is represented by its trading above EMA50, reinforcing the chances of the price recovery on the near-term basis.

 

 

Forecast update for silver -08-12-2025

Economies.com
2025-12-08 10:40AM UTC

The price of (silver) rose in its last intraday trading, preparing to reach the key resistance at $58.80, supported by its trading above EMA50, and under the dominance of the main bullish trend on the short-term basis and its trading alongside main and minor supportive trend line for this trend, after offloading the overbought conditions on the relative strength indicators, opening the way for achieving more gains.

 

 

Forecast update for Gold -08-12-2025.

Economies.com
2025-12-08 10:37AM UTC

The price of (Gold) declined in its last intraday trading, leaning on the support if its EMA50, amid its attempts to gain bullish momentum that may help it to attack the sold key resistance at $4,245, amid the dominance of the bullish trend on the short-term basis and its trading alongside trend line, besides the emergence of positive overlapping signals on the relative strength indicators after reaching oversold levels, reinforcing the chances of the price’s recovery in the upcoming period.

 

 

Forecast update for EURUSD -08-12-2025.

Economies.com
2025-12-08 10:34AM UTC

The price of (EURUSD) declined to reduce its early gains for today, to gain bullish momentum that might help it to recover and reinforce these gains, amid the dominance of minor bullish wave on the short-term basis, and its trading alongside trend line, with the continuation of the dynamic pressure that is represented by its trading above EMA50, besides the emergence of the positive signals on the relative strength indicators, after reaching oversold levels.