Forecast update for crude oil -03-09-2025
AI Summary
- Crude oil price slipped lower in last intraday trading, but could recover and rise again if it settles above current support levels and gains positive momentum
- BestTradingSignal.com offers high-accuracy trading signals for US stocks, cryptocurrencies, forex, and VIP signals for gold, oil, forex, bitcoin, ethereum, and indices
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The price of (crude oil) slipped lower in its last intraday trading, amid the emergence of the negative signals on the (RSI), after reaching overbought levels, leaning on the support of its EMA50, amid the dominance of the bullish correctional trend on the short-term and its trading alongside a bias line, the price still can recover and rise again, if it manages to settle above the current support levels and gaining the required positive momentum for this.
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Forecast update for Silver -03-09-2025
The price of (Silver) rose in its last intraday trading, despite the emergence of the negative signals on the (RSI), after reaching overbought levels, attempting to offload some of this overbought conditions, which canceled its last gains, amid the continuation of the positive pressure that comes from its trading above EMA50, and under the dominance pf the main bullish trend on the short-term basis and its trading alongside supportive minor bias line.
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Forecast update for Gold -03-09-2025
The price of (Gold) rose in its last intraday trading, amid the attempts of gathering the gains of its previous rises, attempting to offload some of its clear overbought conditions on the (RSI), especially with the emergence of the negative signals from there, amid the stability of the current resistance at $3,540, which represents our target in our previous analysis, amid the dominance of the main bullish trend and the trading alongside supportive minor bias line on the short-term basis for this track.
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Forecast update for EURUSD -03-09-2025.
The price of (EURUSD) declined in its last intraday trading, after it attempted to recover its yesterday’s losses in its early trading today, and it attempted to offload some of its clear oversold conditions on the (RSI), especially with the emergence of the positive signals from there, to hit the resistance of its EMA50, which forced the price to decline again.
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