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Forecast update for crude oil -11-08-2025

Economies.com
2025-08-12 12:19PM UTC
AI Summary
  • Crude oil price declined due to stability at key resistance level of $63.75, with negative pressure from trading below EMA50 and overbought RSI levels
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The price of (crude oil) declined in its last intraday trading, due to the stability of the key resistance level at $63.75, amid the dominance of the main bearish trend and its trading alongside a minor bias line on the short-term basis, with the continuation of the negative pressure that comes from its trading below EMA50, besides the emergence of the negative signals on the (RSI), after reaching overbought levels, increasing the negative pressures on the near-term basis.

 

 

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Forecast update for Silver -11-08-2025

Economies.com
2025-08-12 11:50AM UTC

The price of (Silver) declined in its last intraday trading, to gain positive momentum that might help it to recover and rise again, where it gets positive and dynamic support that comes from its trading above EMA50, and under the dominance of the main bullish trend and its trading alongside a minor supportive bias line for this trend, noticing the emergence of the positive signals on the (RSI), after reaching oversold level.

 

 

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Forecast update for Gold -11-08-2025

Economies.com
2025-08-12 11:49AM UTC

The price of (Gold) surrendered to the negative pressures in its last intraday trading, amid the continuation of the negative pressure that comes from its trading below EMA50, affected by breaking minor bullish trend line on the short-term basis. The precious metal succeeded in offloading some of its clear oversold conditions on the (RSI), opening the way for recording more of the losses on a near-term basis. 

 

 

 

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Forecast update for EURUSD -11-08-2025

Economies.com
2025-08-12 11:49AM UTC

The price of (EURUSD) declined in its last intraday trading, amid its trading alongside a minor bearish bias on the short-term basis, preparing to break the key support level at 1.1610, representing the neckline of a negative technical formation on the short-term basis, which is the double top pattern, especially after it succeeded in offloading some of its clear oversold conditions on the (RSI), opening the way for recording more of the losses, despite the continuation of the positive pressure that comes from its trading above EMA50.

 

 

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US Stock Signals from €44/month

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Crypto Signals from €49/month

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Forex Signals from €49/month

Subscribe via Telegram

VIP Signals (Gold, Oil, Forex, Bitcoin, Ethereum, Indices) from €179/month

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Frequently asked questions

What is the price of Oil today?

The price of Oil is $62.806 (2025-08-13 14:15PM UTC)