Trending: Oil | Gold | BITCOIN | EUR/USD | GBP/USD

Forecast update for Brent -03-07-2026

Economies.com
2026-07-03 12:12 UTC

 

 

Brent crude oil witnessed limited gains on its last intraday levels, retesting $72.00 resistance level, to recover some of its previous losses, and offloading this oversold conditions on the relative strength indicators, amid the continuation of the negative pressure that comes from its trading below EMA50, which reinforces the stability and dominance of the main bearish trend on the short-term basis, especially with the trading alongside main and minor supportive trend line for this path.

 

 

Forecast update for Bitcoin -03-07-2026

Economies.com
2026-07-03 12:09 UTC

 

The price of Bitcoin rose in its recent intraday trading, affected by breaching a main bearish trend line on the short-term basis, with continued positive support due to its trading above EMA50, which represents a dynamic support base that reinforces the chances of extending these gains in the near upcoming period, especially with the emergence of a positive overlapping signals from the relative strength indicators, after offloading its overbought conditions, opening the way for targeting new resistance levels.

 

 

 

Forecast update for crude oil -03-07-2026

Economies.com
2026-07-03 12:06 UTC

 

 

Crude Oil reinforces its cautious gains in the last intraday trading, amid the dominance of the main bearish trend on the short-term basis, with the continuation of the negative pressure that comes from its trading below EMA50, which represents a dynamic resistance that reduces the chances of sustainable recovery in the near period, on the other hand, we notice the beginning of positive signals emergence on the relative strength indicators, after reaching oversold levels, which might reduce the losses.

 

 

 

 

Forecast update for silver-03-07-2026

Economies.com
2026-07-03 12:04 UTC

 

 

Silver settles higher in its latest intraday trading, after reaching the key resistance at $63.00, which represents a potential target in our previous analysis, accompanied by testing a main bearish trend line on the short-term basis, which might put pressure on the price and obstruct the continuation of its rise in the upcoming near period, especially with the emergence of negative overlapping signals from the relative strength indicators, after reaching overbought levels.