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Forecast update for crude oil -10-07-2025

Economies.com
2025-07-10 12:00PM UTC
AI Summary
  • Crude oil price declined in last intraday trading, but may recover with positive momentum
  • Main bullish trend on short-term basis and trading above EMA50 providing support
  • Negative signals on RSI may be temporary, with potential for rise in price again

The price of (crude oil) declined in its last intraday trading, amid the emergence of the negative signals on the (RSI), attempting to gain positive momentum that might assist it to recover and rise again, amid the dominance pf the main bullish trend on the short-term basis and its trading alongside a bias line, with the continuation of the positive pressure due to its trading above its EMA50, forming dynamic support that prevent the bearish track.

 

 

 

Forecast update for Silver -10-07-2025

Economies.com
2025-07-10 12:00PM UTC

The price of (Silver) extended its gains in its last intraday trading, taking advantage of the dynamic support in 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, besides the emergence of the positive signals on the (RSI), after reaching oversold levels.

 

Forecast update for Gold -10-07-2025

Economies.com
2025-07-10 11:07AM UTC

The price of (Gold) rose in its last intraday trading, taking advantage of surpassing the negative pressure that comes from the EMA50, settled above the resistance of $3,315, despite this last rise the price still moving alongside a bearish correctional trend line on the short-term basis, which might extend its upcoming gains, reversing the intraday trend, especially with the beginning of forming negative divergence on the (RSI), after reaching overbought levels, with the emergence of the negative overlapping signals on them.

Forecast update for EURUSD -10-07-2025

Economies.com
2025-07-10 12:00PM UTC

The price of (EURUSD) declined in its recent intraday levels, affected by the stability of the resistance level at 1.1745, with the dynamic resistance that is represented by the pair’s trading below EMA50, which prevents the recovery, and under the dominance of bearish correctional wave on the short-term basis and its trading within channel range, besides forming negative divergence on the (RSI), after reaching overbought levels, with the beginning of the negative signals appearance from them.

 

 

Frequently asked questions

What is the price of Oil today?

The price of Oil is $68.686 (2025-07-11 22:35PM UTC)