financetom
Technology
financetom
/
Technology
/
Forecast update for crude oil -18-07-2025
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Forecast update for crude oil -18-07-2025
Jul 18, 2025 5:50 AM

The price of (crude oil) settled in its last intraday trading, confirming the positive behavior that began since yesterday, where it surpassed the resistance of EMA50, getting rid of its negative pressure, drawing new bullish track alongside a trend line on the short-term basis, but it might face some obstacles, where we notice the beginning of negative overlapping signals on the (RSI),after reaching overbought levels, which might decelerate its upcoming gains.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Sweden investigates suspected sabotage of Baltic Sea telecoms cable
Sweden investigates suspected sabotage of Baltic Sea telecoms cable
Feb 21, 2025
STOCKHOLM (Reuters) - Swedish police said on Friday they were investigating a suspected case of sabotage of an undersea telecoms cable in the Baltic Sea, and the country's coast guard deployed a vessel to the area where multiple seabed cables have been damaged in recent months. The Baltic Sea region is on alert and the NATO alliance has boosted its...
Huawei founder told Xi China's concerns about lack of chips have eased, state media says
Huawei founder told Xi China's concerns about lack of chips have eased, state media says
Feb 20, 2025
SHANGHAI (Reuters) - Huawei's founder told Xi Jinping at a meeting the Chinese president held with private sector entrepreneurs that concerns China had about a lack of homegrown chips or operating systems had eased, Chinese state media reported. The People's Daily on Friday published an article summarising what major Chinese company founders including Huawei's Ren Zhengfei, electric vehicle giant BYD's...
EU will propose establishing fleet of vessels for emergency undersea cable repairs
EU will propose establishing fleet of vessels for emergency undersea cable repairs
Feb 21, 2025
HELSINKI (Reuters) - The European Commission will propose boosting surveillance of undersea cables and establishing a fleet of vessels available to repair cables in emergencies, it said in an action plan published Friday. The announcement comes at a time when some European governments are concerned about multiple incidents in which power cables, telecom links and gas pipelines have been damaged....
Foxconn has asked Honda to form partnership, Nikkei reports
Foxconn has asked Honda to form partnership, Nikkei reports
Feb 21, 2025
TOKYO (Reuters) - Taiwan's Foxconn ( FXCOF ) has proposed forming a partnership with Japan's Honda Motor ( HMC ), aiming to create a tie-up framework that also includes rival carmakers Nissan Motor ( NSANF ) and Mitsubishi Motors ( MMTOF ), the Nikkei newspaper reported on Friday. The chairman of Foxconn ( FXCOF ), the world's largest contract electronics...
Copyright 2023-2025 - www.financetom.com All Rights Reserved