Brent crude oil is surrounded by negative pressure- Analysis-13-08-2025
AI Summary
- Brent crude oil price settled low below critical support level at $66.00, indicating strong bearish trend
- Negative pressure on Brent crude oil comes from trading below EMA50 and negative signals on RSI
- BestTradingSignal.com offers high-accuracy trading signals for US stocks, crypto, forex, and VIP signals for various markets
The (Brent) price settled low in its last trading on the intraday levels, settled below the critical support level at $66.00, in a strong signal to confirm breaking it, amid its trading alongside a minor bearish trend line, indicating the strength and dominance of this trend, with the continuation of the negative pressure that comes from its trading below EMA50, besides the emergence of the negative signals on the (RSI), despite reaching oversold levels.
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Silver Price reinforces its gains-Analysis-13-08-2025
The (silver) price rose in its last trading on the intraday levels, amid the dominance of the main bullish trend and its trading alongside a minor supportive bias line for this trend, taking advantage of the dynamic positive pressure that comes from its trading above EMA50, this support prevents turning the negative move in its previous trading, despite reaching overbought levels.
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The USDCHF breaks a minor bullish trend line-Analysis-13-08-2025
The (USDCHF) price declined in its last trading on the intraday levels, after surpassing the support of its EMA50, putting it under negative pressure that led it to break a minor bullish trend line on the short-term basis, intensifying the negative pressure, on the other hand, we notice that the (RSI) indicators have reached oversold levels, which might reduce the losses in the upcoming trading as it needs to offload some of the oversold conditions.
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NZDUSD is recovering -Analysis-13-08-2025
The (NZDUSD) price rose in its last intraday trading, amid the dominance of the bullish correctional trend on a short-term basis and its trading alongside a supportive bias line for the trend, with the continuation of the positive pressure due to its trading above EMA50, preparing to breach the key resistance at 0.5970, with the emergence of the positive signals on the (RSI).
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