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Forecast update for crude oil -09-07-2025

Economies.com
2025-07-09 12:00PM UTC
AI Summary
  • Crude oil price settled high in last intraday trading, supported by trading above EMA50 and main bullish trend
  • Positive signals on RSI reinforce continuation of positive trading for crude oil
  • Forecast predicts continued positive trading for crude oil in the short-term basis

The price of (crude oil)  settled high in its last intraday trading, taking advantage of the dynamic support that is represented by its trading above EMA50, and under the dominance of the main bullish trend on the short-term basis and its trading alongside a bias line, with the emergence of the positive signals on the (RSI), reinforcing the continuation of the positive trading.

 

 

 

Forecast update for Silver -09-07-2025

Economies.com
2025-07-09 11:12AM UTC

The price of (Silver) settled high in its last intraday trading, due to its lean on the support of its EMA50, accompanied by its trading alongside a minor bullish bias on the short-term basis, providing positive momentum that assisted it to reduce a lot of its early losses for today, with the emergence of the positive signals on the (RSI).

 

 

Forecast update for Gold -09-07-2025

Economies.com
2025-07-09 11:12AM UTC

The price of (Gold) rose in its last intraday trading, attempting to recover some of its previous losses, and it attempts to offload some of its clear overbought conditions that appear on the (RSI), especially with the appearance of the positive overlapping signals from there, amid the continuation of the negative pressure that comes from its trading below EMA50, under the dominance of the bearish correctional trend on the short-term basis, and its trading alongside a bias line.

 

 

 

Forecast update for EURUSD -09-07-2025

Economies.com
2025-07-09 11:12AM UTC

The price of (EURUSD) declined in its recent intraday levels, amid the dominance of bearish correctional wave on the short-term basis, with the continuation of the negative pressure due to its trading below EMA50, on the other hand, we notice the emergence of positive signals on the (RSI), which decelerated the last losses.

 

 

Frequently asked questions

What is the price of Oil today?

The price of Oil is $68.686 (2025-07-11 23:05PM UTC)