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

Forecast update for Brent -10-04-2026

Economies.com
2026-04-10 12:06PM UTC

Brent crude oil prices declined during recent intraday trading, preparing to break the key support level of $93.50, amid the dominance of bearish corrective wave on the short-term basis, supported by the trading below EMA50, besides the emergence of negative signals from the relative strength indicators, intensifying the negative pressure on the price.

 

 

 

 

Forecast update for Bitcoin -10-04-2026

Economies.com
2026-04-10 12:04PM UTC

Bitcoin (BTCUSD) rose during recent intraday trading, affected by its stability above the key resistance of $71,500, to gain renewed bullish momentum that helped it to face the attempts of the price to decline, which aimed to offload some of its overbought conditions on the relative strength indicators, amid the dominance of minor bullish wave on the short-term basis, as a clear signals for the stability of the bullish trend and targeting new resistance levels.

 

 

Forecast update for crude oil -10-04-2026

Economies.com
2026-04-10 12:01PM UTC

Crude oil prices declined slightly during recent intraday trading, due to the stability of the key resistance level at $9470, affected by breaking main bullish trend line on short-term basis, making the bearish corrective track dominant on the intraday basis, this track supports the continuation of its trading below EMA50, reducing the chances of the price full recovery on the near-term basis.

 

 

Forecast update for silver -10-04-2026

Economies.com
2026-04-10 11:59AM UTC

Silver struggles to recover in its recent intraday trading, where it moves within limited range of fluctuated trading, preparing to breach the key resistance at $75.85, taking advantage of the dynamic support that is represented by its trading above EMA50, which reinforces the stability and dominance of bullish corrective wave on the short-term basis, especially with its trading alongside supportive trend line for this path, offloading some of its clear overbought conditioned on the relative strength indicators, opening the way for targeting new resistance levels in the upcoming period.