Evening update for crude oil -11-08-2025
AI Summary
- Crude oil price declined in last intraday trading, breaking support level at $62.00
- Positive signals on RSI attempting to offload oversold conditions, indicating strength of sellers
- BestTradingSignal.com offers high-accuracy trading signals for US stocks, crypto, forex, and VIP signals for gold, oil, forex, bitcoin, ethereum, and indices.
The (crude oil) price kept declining in its last intraday trading, to break the support level at $62.00, amid the dominance of minor bearish wave on the short-term basis and its trading alongside supportive trend line for this track, despite the emergence of the positive signals on the (RSI), which attempts to offload the oversold conditions, indicating the strength and the dominance of the sellers on the price movement.
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Evening update for Gold -13-08-2025
The (Gold) price declined in its last trading in its intraday levels, due to its reach to the resistance of its EMA50, to gain positive momentum that might help it to get rid of this negative pressure, and attempts to offload some of its clear overbought conditions on the (RSI), amid the dominance of strong minor bullish wave on the short-term basis and its trading alongside a supportive bias line for this trend.
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Evening update for EURUSD -13-08-2025
The (EURUSD) settled low in its last intraday trading, in an attempt to gather the gains of its previous rises, attempting to gain positive momentum that might help it to rise again by offloading some of its clear overbought conditions on the (RSI), especially with the emergence of the negative signals from there, amid its trading alongside a minor bullish trend line on the short-term basis, by continuous negative pressure by its trading above EMA50, reinforcing the positive pressures around the pair.
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Forecast update for Ethereum -13-08-2025
The price of (ETHUSD) continued its rise in its last intraday trading, despite the reach of the (RSI) reach to overbought levels, indicating the dominance of the positive momentum around the price, amid the continuation of the positive pressure that comes from its trading above EMA50, and under the main bullish trend on the short-term basis, and its trading alongside a minor supportive bias for this trend.
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