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Forecast update for crude oil -15-07-2025

Economies.com
2025-07-15 11:39AM UTC
AI Summary
  • Crude oil price settled with positive signals on RSI, reaching oversold levels
  • Affected by negative pressure due to trading below EMA50 and breaking bullish trend
  • Forecast update suggests potential for positive momentum in the near future

The price of (crude oil) settled in its last intraday trading, with the emergence of the positive signals on the (RSI), reaching oversold levels to attempt to offload some of these conditions, providing positive momentum that assisted it to settle, amid its affection by the negative pressure due to its trading below its EMA50, with breaking a main bullish trend on the short-term basis.

 

 

Forecast update for Silver -15-07-2025

Economies.com
2025-07-15 11:38AM UTC

The price of (Silver) witnessed fluctuated trading in its last intraday trading, after its decline in its previous moves that targets looking for a rising low to take it as a base to take it as a base that help it to gain the required positive momentum to recover, to notice forming a positive divergence on the (RSI),after reaching oversold levels, with the beginning of the positive signals from there, this comes amid the dominance of the main bullish trend on the short-term basis and its trading alongside a trend line.

 

 

Forecast update for Gold -15-07-2025

Economies.com
2025-07-15 11:38AM UTC

The price of (Gold) settled high in its last intraday trading, reaching the key resistance at $3,365, supported by the emergence of the positive signals on the (RSI), after reaching oversold levels, amid the dominance of the main bullish trend and its trading alongside a minor bias line on the short-term basis, reinforcing the stability of the positive scenario.

 

 

Forecast update for EURUSD -15-07-2025

Economies.com
2025-07-15 11:38AM UTC

The price of (EURUSD) declined in its recent intraday levels, after its success in offloading the overbought conditions on the (RSI), entering overbought levels, which adds negativity to the pair’s move, amid its trading within bearish correctional channel’s range on the short-term basis.

 

 

Frequently asked questions

What is the price of Oil today?

The price of Oil is $66.936 (2025-07-16 01:45AM UTC)