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Forecast update for crude oil -13-08-2025

Economies.com
2025-08-13 11:27AM UTC
AI Summary
  • Crude oil price deepened losses, reaching $62.00 support and preparing to break it, trading below EMA50 with minor bearish trend line
  • Positive signals on RSI after reaching oversold levels may temporarily help settle price
  • BestTradingSignal.com offers high-accuracy trading signals for US stocks, crypto, forex, and VIP signals for gold, oil, forex, bitcoin, ethereum, and indices via Telegram subscriptions

The price of (crude oil) deepened its losses in its last intraday trading, to reach our target at $62.00 support, preparing to break it, amid its trading alongside a minor bearish trend line on the short-term basis, with the continuation of the negative pressure that comes from its trading below EMA50, on the other hand, we notice the emergence of the positive signals on the (RSI), after reaching oversold levels, which might help it to settle temporarily, due to its neediness to offload this oversold conditions, especially if the mentioned support remained intact.

 

 

 

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Forecast update for silver -13-08-2025

Economies.com
2025-08-13 11:27AM UTC

The price of (silver) extended its strong gains in its last intraday trading, to reach our morning target at $38.50 resistance, attacking it with strong signs to breach it, the initial signs that the price managed to close above it, supported by the positive signals on the (RSI), despite reaching overbought levels, amid the dominance of the main bullish trend and its trading alongside a minor bias line on the short-term basis, besides the continuation of the positive pressure that comes from its trading above EMA50, reinforcing the stability of this scenario on the near-term basis.

 

 

 

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Forecast update for Gold -13-08-2025

Economies.com
2025-08-13 11:27AM UTC

The price of (Gold) witnessed strong gains in its last intraday trading, to succeed in settling above $3,360, in an attempt to surpass the negative pressure on the EMA50, supported by the emergence of the positive signals on the (RSI), despite reaching overbought levels, amid the dominance of minor bullish wave on the short-term basis and its trading alongside a supportive trend line, reinforcing its stability on the near-term basis.

 

 

 

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Forecast update for EURUSD -13-08-2025

Economies.com
2025-08-13 11:27AM UTC

The price of (EURUSD) soars high in its last intraday trading, amid its trading alongside a minor bullish trend on the short-term basis, indicating the strength of the this track, amid the continuation of the positive pressure that comes from its trading above EMA50, besides the emergence of the positive signals on the (RSI), despite reaching overbought levels, reinforcing the stability of the positive station around the pair.

 

 

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US Stock Signals from €44/month

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Crypto Signals from €49/month

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

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Frequently asked questions

What is the price of Oil today?

The price of Oil is $62.855 (2025-08-14 05:45AM UTC)