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

Evening update for crude oil -01-08-2025

Economies.com
2025-08-01 18:11PM UTC
AI Summary
  • Crude oil price declined due to negative technical formation and signals, leaning on support level at $66.85
  • BestTradingSignal.com offers high-accuracy trading signals for US stocks, crypto, forex, and VIP signals for various markets
  • Subscriptions available via Telegram with savings for longer durations, weekly performance reports also provided.

The (crude oil) price declined in its last intraday trading, affected by negative technical formation on the intraday level which is the head and shoulders pattern, supported by the emergence of the negative signals on the (RSI), after the price success in offloading its oversold conditions previously, opening the way for recording more of the losses, to lean on the support of its EMA50, accompanied by testing the support level at $66.85, which represents our previous target, in attempt to gain some of the positive momentum that might help it to rise again.

 

 

 

BestTradingSignal.com – Professional Trading Signals

 

High-accuracy trading signals delivered directly to your Telegram. Subscribe to specialized packages tailored for the world’s most important markets – all powered by BestTradingSignal.com .

 

US Stock Signals from €44/month

Subscribe via Telegram

Crypto Signals from €49/month

Subscribe via Telegram

Forex Signals from €49/month

Subscribe via Telegram

VIP Signals (Gold, Oil, Forex, Bitcoin, Ethereum, Indices) from €179/month

Subscribe via Telegram
 

The longer the subscription, the greater the savings and the more value you get.

 

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

Evening update for Gold -01-08-2025

Economies.com
2025-08-01 18:04PM UTC

The (Gold) price managed to recover and rise sharply in its last intraday trading, breaching our previous target at $3,325 and settling above it, to get rid of the negative pressure on the EMA50, announcing its full recovery with the emergence of the positive signals on the (RSI), after reaching oversold levels.

 

 

 

BestTradingSignal.com – Professional Trading Signals

 

High-accuracy trading signals delivered directly to your Telegram. Subscribe to specialized packages tailored for the world’s most important markets – all powered by BestTradingSignal.com .

 

US Stock Signals from €44/month

Subscribe via Telegram

Crypto Signals from €49/month

Subscribe via Telegram

Forex Signals from €49/month

Subscribe via Telegram

VIP Signals (Gold, Oil, Forex, Bitcoin, Ethereum, Indices) from €179/month

Subscribe via Telegram
 

The longer the subscription, the greater the savings and the more value you get.

 

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

Evening update for EURUSD -01-08-2025

Economies.com
2025-08-01 17:59PM UTC

The (EURUSD) declined in its last intraday trading, in order to collect the profits of its early rises, gathering its positive strength to help it to get rid of the negative pressure on the EMA50, after the strong rise of the pair, supported by the positive signals on the (RSI), after reaching oversold levels, which turns the negative overview to the upside.

 

 

 

BestTradingSignal.com – Professional Trading Signals

 

High-accuracy trading signals delivered directly to your Telegram. Subscribe to specialized packages tailored for the world’s most important markets – all powered by BestTradingSignal.com .

 

US Stock Signals from €44/month

Subscribe via Telegram

Crypto Signals from €49/month

Subscribe via Telegram

Forex Signals from €49/month

Subscribe via Telegram

VIP Signals (Gold, Oil, Forex, Bitcoin, Ethereum, Indices) from €179/month

Subscribe via Telegram
 

The longer the subscription, the greater the savings and the more value you get.

 

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

Binance Coin price forms negative technical pattern - Analysis - 01-08-2025

Economies.com
2025-08-01 12:55PM UTC

Binance Coin (BNBUSD) declined in its recent intraday trading, under negative pressure from continued trading below the 50-day simple moving average and the dominance of a short-term corrective downtrend. The recent drop confirmed a breakdown below the neckline of a bearish technical formation—namely, a head and shoulders pattern. This decline is further supported by bearish signals from the Stochastic, despite it reaching extremely oversold territory.

 

Therefore, we expect the price to decline in upcoming intraday sessions, as long as resistance at $815.00 holds, targeting the support level at $707.00 as the projected target of the head and shoulders pattern.

 

Today’s price forecast: Bearish.

 

 

 

 

 

 

Frequently asked questions

What is the price of Oil today?

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