Trending: Oil | Gold | BITCOIN | EUR/USD | GBP/USD

Forecast update for Silver -28-08-2025

Economies.com
2025-08-28 11:01AM UTC
AI Summary
  • Silver price has expanded gains, breaching key resistance at $38.70, supported by bullish trend and trading above EMA50
  • Negative signals on RSI may lead to correctional rebounds, retesting support level before rising again
  • BestTradingSignal.com offers professional trading signals with high accuracy for US stocks, crypto, forex, and VIP signals for gold, oil, forex, bitcoin, ethereum, and indices starting at €44/month

The price of (Silver) expanded its gains in its last intraday trading, to breach the key resistance at $38.70, supported by its continuous trading above EMA50, and under the dominance of the bullish trend and its trading alongside a minor bias line on the short-term basis, on the other hand, we notice the emergence of negative overlapping signals on the (RSI), after reaching overbought levels, which makes us witness some correctional rebounds that might retest the support level at $38.70 before rising again.

 

 

 

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Forecast update for Gold -28-08-2025

Economies.com
2025-08-28 10:58AM UTC

The price of (Gold) settled high in its last intraday trading, taking advantage of the dynamic support that is represented by its trading above EMA50, reinforcing the stability of the positive track, amid its trading alongside a bullish bias line on the short-term basis, besides the emergence of the positive signals on the (RSI), despite its fluctuation in an overbought levels, all these factors intensifies the bullish momentum and points to expanding the gains on the near-term basis.

 

 

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Forecast update for EURUSD -28-08-2025.

Economies.com
2025-08-28 10:54AM UTC

The price of (EURUSD) soars high in its last intraday trading, getting rid of the negative pressure of the EMA50, providing more bullish momentum to open the way towards achieving more gains, especially after breaching its current resistance at 1.1665, amid the dominance of minor bullish wave on the short-term basis, on the other hand, it might limit its gains due to the positive overlapping signals on the (RSI), after reaching overbought levels.

 

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The EURNZD gathers some gains– Forecast today – 28-8-2025

Economies.com
2025-08-28 07:24AM UTC

The EURNZD reached strong resistance at 2.000 level, which forces it to activate the attempts of gathering the gains by targeting 1.9790 level, to resist the negative pressure by its rally to 1.9770.

 

Note that the stability of the price within the bullish channel’s levels by the attempt of forming extra support at 1.9760 level, these factors help to confirm the continuation of the positivity, to expect the price rally to 1.9960, then attempt to breach the resistance to record new gains in the upcoming period.

 

The expected trading range for today is between 1.9820 and 1.9960

 

Trend forecast: Bullish