Forecast update for crude oil -22-04-2025
Crude oil price rose in its recent trading on the intraday levels, supported by the positive signals on the (RSI) under the domination of the bullish correctional wave on the short-term basis, and its affection by the inverted head and shoulders pattern, which is positive technical pattern.
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Forecast update for Silver -22-04-2025
Silver price declined in its last intraday trading, due to the stability of the stubborn resistance level at $32.90, attempting to gain positive momentum that might assist it to breach this resistance, amid the domination of the bullish correctional trend on the short-term basis, and there is a continuous positive support due to its trading above EMA50, beside the emergence of positive overlapping signals on the (RSI).
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Forecast update for Gold -22-04-2025
Gold price declined in its last intraday trading, and that after reaching our target at $3,500, to gather its gains and attempt to gain positive momentum that might assist it to breach this resistance, and attempting to offload its clear overbought conditions on the (RSI), and there are negative signals appear from them, amid its trading alongside bullish trendline sharply on the short term basis.
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Forecast update for the EURUSD -22-04-2025
The EURUSD price witnessed sideways trading range on its intraday trading, in attempt to gain positive momentum that might assist it to recover and rise again, to lean on the main bullish trend line of the 60-minute time frame, accompanied by its stability at the support of its EMA50. and the (RSI) reached exaggerated oversold levels compared to the price move, beside the emergence of positive overlapping signals.
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