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Forecast update for crude oil -11-07-2025

Economies.com
2025-07-11 12:36PM UTC
AI Summary
  • Crude oil price is showing signs of recovery with strong support at $66.00 and stability on EMA50
  • Positive divergence on RSI after reaching oversold levels indicates potential bullish trend
  • Main bullish trend line on short-term basis is being tested, suggesting a possible upward movement in price

The price of (crude oil) began to recover in its last intraday trading, due to the strong support from the stability of the support at $66.00, accompanied by the stability of the price lean on the support of EMA50, and testing a main bullish trend line on the short-term basis, besides forming a positive divergence on the (RSI), after reaching oversold levels, with the beginning of the positive signals.

 

 

Forecast update for Silver -11-07-2025

Economies.com
2025-07-11 12:36PM UTC

The price of (Silver) rose in its last intraday trading, breaching the critical resistance level at $37.30, amid the emergence of the positive signals on the (RSI), despite reaching overbought levels, amid the dominance of the main bullish trend and its trading alongside a bias line, supporting a dynamic support that renews the positive momentum.

 

 

 

Forecast update for Gold -10-07-2025

Economies.com
2025-07-11 12:36PM UTC

The price of (Gold) rose in its last intraday trading, amid its affection by breaching bearish correctional trend on the short-term basis, taking advantage of the dynamic support that is represented by its trading above EMA50, besides the emergence of the positive signals on the (RSI), intensifying the positive momentum.

 

 

Forecast update for EURUSD -10-07-2025

Economies.com
2025-07-11 12:36PM UTC

The price of (EURUSD) settled on a rise in its recent intraday levels, attempting to recover some of its previous losses, and attempt to recover some of its previous losses, and offloading its clear overbought conditions on the (RSI), amid the dominance of the bearish correctional trend on the short-term basis and its trading alongside a bias line, with the continuation of the negative pressure due to its trading below EMA50, forming a dynamic support that prevents the price’s recovery on the near-term basis.

 

 

 

 

 

Frequently asked questions

What is the price of Oil today?

The price of Oil is $68.686 (2025-07-11 23:05PM UTC)