Forecast update for crude oil-20-05-2025

The price of (silver) witnessed fluctuated trading in its recent intraday trading, amid the emergence of the positive signals on the (RSI), forming some of the support for the price, but the price remains stable below EMA50, and under a minor bearish wave on the short-term basis.

The price of (Gold) jumped higher in its recent intraday trading, after approaching from testing our target at $3,200, to gain positive momentum due to the stability of this key support, to attack a minor bearish correctional trend line on the short- term basis, hitting the resistance of its EMA50, which strengthen the area as a dynamic resistance against more of the upside moves.

The price of (EURUSD) decreased its early gains in its recent intraday trading, amid the continuation of the key resistance's stability at 1.1250, especially with the emergence of the negative signals on the (RSI), after reaching overbought levels, which decelerated the bullish track, amid the dominance of the bullish trend on the short-term basis alongside a bias line.