|
Forecast update for Crude oil -13-05-2025
The price of (Crude oil) rose in its recent intraday trading, to settle above the resistance of $61.70 again, in a signal to begin its recovery, amid the dominance of the bullish correctional trend on the short-term basis alongside a bias line, with the (RSI) indicators reach to the oversold levels, exaggeratedly compared by the price move, which indicates the beginning of forming a positive divergence.
Forecast update for silver -13-05-2025
The price of (silver) rose in its recent intraday trading, surpassing the negative pressure of the EMA50, and supported by the emergence of the positive signals on the (RSI), despite its reach to overbought levels, amid its trading alongside a bullish correctional bias on the short-term basis.
MoreForecast update for Gold -13-05-2025
The price of (Gold) settled on a rise in its recent intraday trading, supported by the emergence of the positive signals on the (RSI), after reaching oversold levels, retesting the resistance level at $3,260, amid the dominance of the bearish correctional trend on the short-term basis, with the continuation of the negative pressure due to its trading below its EMA50.
MoreForecast update for EURUSD -13-05-2025
The price of (EURUSD) rose in its recent intraday trading, attempting to recover some of its previous losses, and offloading its clear oversold conditions on the (RSI), especially with the emergence of the positive signals from it, despite this rise the price remains stable below the resistance at 1.1150, this level represents 50% Fibonacci correction level for the last bullish wave on the short-term basis (from 1.0730 to 1.1572), which indicates a temporary rise.
More