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

Forecast update for Brent -09-07-2026

Economies.com
2026-07-09 11:06 UTC

 

 

Brent crude oil rose in its last intraday trading, with the attempts of breaching main bearish trend line on the short-term basis, reinforcing the bullish corrective trend, especially with the continuation of the positive pressure that comes from its trading above EMA50, besides the relative strength indicators’ reaching severe oversold levels compared to the price move, to suggest forming positive divergence that intensifies the chances of resuming the gains in the near upcoming period.

 

 

 

Forecast update for Bitcoin -09-07-2026

Economies.com
2026-07-09 11:02 UTC

 

 

The price of Bitcoin settles on gains in its recent intraday trading, taking advantage of the continued bullish support due to its trading above EMA50, reinforcing the stability and dominance of the bullish corrective trend on the short-term basis, with its trading alongside supportive trend lune for this path, with the emergence of the positive signals from the relative strength indicators, despite reaching overbought levels.

 

 

Forecast update for crude oil -09-07-2026

Economies.com
2026-07-09 11:00 UTC

 

Crude Oil rose in the last intraday trading, preparing to attack the key resistance at $75.00, amid the dominance of bullish corrective wave on the short-term basis, with the continuation of the positive pressure that comes from its trading above EMA50, representing dynamic support base that reinforces the chances for moving higher, especially with the relative strength indicators reaching oversold levels compared to the price move, to suggest forming more bullish momentum.

 

 

 

Forecast update for silver-09-07-2026

Economies.com
2026-07-09 10:57 UTC

 

 

Silver rose in its latest intraday trading, recovering some previous losses, and it managed to offload its clear oversold conditions on the relative strength indicators, to enter exaggerated overbought levels on the relative strength indicators, as a clear signals for losing this positive momentum quickly, threatening these gains amid the dominance of the main bearish trend on the short-term basis, with its trading alongside supportive trend line for this path, with a negative pressure due to is trading below EMA50, reducing the chances of a full recovery in the near upcoming period.