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Forecast update for crude oil -19-08-2025

Economies.com
2025-08-19 11:41AM UTC
AI Summary
  • Crude oil price declined in last trading, approaching critical support level at $62.00
  • BestTradingSignal.com offers professional trading signals for US stocks, crypto, forex, and VIP signals
  • VIP Trading Signals Performance report for August 11-15, 2025 available for review

The price of (crude oil) declined in its last intraday trading, preparing to break the critical support level at $62.00, amid the continuation of the negative pressure that comes from its trading below EMA50, and under the dominance of the main bearish trend and the dominance of a minor bearish wave on a short-term basis.

 

 

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Forecast update for Silver -19-08-2025

Economies.com
2025-08-19 11:41AM UTC

The price of (Silver) rose in its last intraday trading, in attempt to offload its clear oversold conditions on the (RSI), especially with the beginning of the positive signals from there, reaching the resistance of its EMA50, amid its affection by breaking a minor bullish trend line on the short-term basis, intensifying the possibility of the price recovery on the near-term basis.

 

 

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Forecast update for Gold -19-08-2025

Economies.com
2025-08-19 11:41AM UTC

The price of (Gold) expanded its gains in its last intraday trading, supported by the emergence of the positive signals on the (RSI), after reaching oversold levels, providing temporary momentum that helped it to test the ceiling of bearish correctional channel that limits its previous trading on the short-term basis.

 

Despite this rise, the precious metal remains facing clear negative pressure, with the continuation of its trading below EMA50, reinforcing the strength of the selling pressure and impose further cautious on its upcoming trading.

 

 

 

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Forecast update for EURUSD -19-08-2025

Economies.com
2025-08-19 12:01PM UTC

The price of (EURUSD) rose in its last intraday trading, depending on the stability of the critical support level at 1.1650, providing positive momentum that helped the price to recover, supported by the emergence of the positive signals from the (RSI), after reaching oversold levels.

 

This momentum led the pair to return to trade above its EMA50, taking advantage of its dynamic support that reinforces its chances to resume the rise on the near-term basis, unless it declined again below this level.

 

 

 

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Frequently asked questions

What is the price of Oil today?

The price of Oil is $62.444 (2025-08-19 20:05PM UTC)