Forecast update for crude oil -29-08-2025
AI Summary
- Crude oil prices rose in last intraday trading, supported by EMA50 and bullish correctional trend
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The price of (crude oil) rose in its last intraday trading, amid the recovery attempts, taking advantage of the dynamic support that is represented by its trading above EMA50, and under the dominance of the bullish correctional trend on the short-term basis and its trading alongside a supportive bias line, on the other hand, we notice the emergence of the negative signals on the (RSI), after reaching overbought levels, which might decelerate the upcoming gains temporarily.
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Forecast update for Silver -29-08-2025
The price of (Silver) declined in its last intraday trading, attempting to look for a rising low to take it as a base that helped it to gain the required bullish momentum for its recovery and rise again, and it succeeded in offloading its clear overbought condition on the (RSI), opening the way for achieving more of the gains, amid the dominance of the main bullish trend and its trading alongside supportive main and minor bias line for this track.
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Forecast update for Gold -29-08-2025
The price of (Gold) declined in its last intraday trading, amid the attempts of gathering the gains of its previous rises and gaining positive momentum that might help it to recover and rise again, and the price succeeded in offloading its overbought condition on the (RSI), amid the dominance of the main bullish trend on the short-term basis and its trading alongside a bias line, with the continuation of the positive pressure that comes from its trading above EMA50, reinforcing the stability of the positive scenario.
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Forecast update for EURUSD -29-08-2025.
The price of (EURUSD) declined in its last intraday trading, amid the emergence of the negative signals on the (RSI), after it succeeded in offloading its overbought conditions, opening the way for achieving more of the gains in the near-term basis, at the same time the pair attempts to gain bullish momentum that might help it to recover and rise again, amid the continuation of the positive pressure that comes from its trading above EMA50, under the dominance of minor bullish wave on the short-term basis.
VIP Trading Signals Performance by BestTradingSignal.com (August 18–22, 2025)
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Subscribe via TelegramVIP Signals (Gold, Oil, Forex, Bitcoin, Ethereum, Indices) from €179/month
Subscribe via TelegramCheck full VIP signals performance report for the week of August 18–22, 2025: Full Report