Forecast update for crude oil -22-08-2025
AI Summary
- Crude oil price rose in intraday trading, reaching critical resistance at $63.75, with bullish correctional trading and positive signals on the RSI
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The price of (crude oil) rose in its last intraday trading, attacking the critical resistance at $63.75, amid bullish correctional trading on the short-term basis, taking advantage of the dynamic support that is represented by its trading above EMA50, providing more stability for the bullish scenario on the price, especially with the emergence of the positive signals on the (RSI), after offloading some of its overbought conditions, which allows it to target new resistance levels.
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Forecast update for Silver -22-08-2025
The price of (Silver) declined in its last intraday trading, to gather the gains of its previous rises, attempting to gain positive momentum that might help it to recover and rise again, besides offloading its clear overbought conditions on the (RSI), especially with the emergence of the negative signals from there, leaning on the support of its EMA50, amid its affection by breaching a minor bearish bias line previously on the short-term basis.
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Forecast update for Gold -22-08-2025
The price of (Gold) settled low in its last intraday trading, amid the emergence of the negative signals on the (RSI), and under the dominance of minor bearish wave on the short-term basis with its trading alongside a bias line that supports this track, intensifying the negative pressure around the price, with the continuation of the negative pressure that comes from its trading below its EMA50, which prevented the price recovery in the last period.
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Forecast update for EURUSD -22-08-2025.
The price of (EURUSD) rose in its last intraday trading after reaching our morning target at 1.1590, due to the stability of the support that gained some bullish momentum that helped the price to recover some of its previous losses, and attempts to offload some if its clear oversold conditions on the (RSI), especially with the emergence of the positive signals from there, amid the dominance of minor bearish wave on the short-term basis, alongside a supportive bias line for the negative track.
VIP Trading Signals Performance by BestTradingSignal.com (August 11–15, 2025)
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Subscribe via TelegramCrypto Signals from €49/month
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Subscribe via TelegramVIP Signals (Gold, Oil, Forex, Bitcoin, Ethereum, Indices) from €179/month
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