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Forecast update for crude oil -31-07-2025

Economies.com
2025-07-31 11:31AM UTC
AI Summary
  • Crude oil price has begun to recover, showing a slight rise in trading and gaining positive momentum after offloading overbought conditions on the RSI
  • The price is stable under the main bullish trend on a short-term basis, trading alongside a bias line that acts as dynamic support
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The price of (crude oil) began the recovery, recording a slight rise in its last intraday trading, after it managed to gain positive momentum and offloading its clear overbought conditions on the (RSI), opening the way for achieving more of the gains on a near-term basis.

 

This performance comes amid the stability of the price under the main bullish trend on the short-term basis, with the continuation of its trading alongside a bias line that represents a dynamic support that reinforces its positive stability.

 

 

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Weekly performance report available here: Signals Performance – Week of July 21–25, 2025

Forecast update for Silver -31-07-2025

Economies.com
2025-07-31 11:31AM UTC

The price of (Silver) deepened its losses in its last trading intraday trading, affected by the dominance of the bearish correctional trend on the short-term basis, and its trading alongside a bias line that reinforces the negative track.

 

The pressure increases with the continuation of the emergence of the negative signals on the (RSI), despite reaching oversold levels, which indicates the possibility for an intraday rebound if the price begins gaining bullish momentum.

 

 

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Weekly performance report available here: Signals Performance – Week of July 21–25, 2025

Forecast update for Gold -31-07-2025

Economies.com
2025-07-31 11:31AM UTC

The price of (Gold) declined on its last intraday trading, after retesting the key resistance at $3,310, putting it under the negative pressure due to the stability of the resistance, especially if it succeeded in offloading its oversold conditions on the (RSI), opening the way for recording more of the losses, amid its trading alongside a bearish trend line, with the continuation of the negative pressure that comes from its trading below EMA50, increasing the negative pressures around it.

 

 

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Weekly performance report available here: Signals Performance – Week of July 21–25, 2025

Forecast update for EURUSD -31-07-2025

Economies.com
2025-07-31 11:31AM UTC

The price of (EURUSD) declined in its last intraday trading, after it attempted to recover some of its previous losses, and attempted to offload its clear oversold conditions on the (RSI), especially with the emergence of the positive signals, but the price surrendered to the bearish correctional wave and its negative pressure, with the continuation of its trading below EMA50, to settle below the support level of 1.1430, reinforcing the chances for a decline.

 

 

 

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Weekly performance report available here: Signals Performance – Week of July 21–25, 2025

Frequently asked questions

What is the price of Oil today?

The price of Oil is $67.165 (2025-08-01 23:05PM UTC)