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Forecast update for Brent -13-03-2026

Economies.com
2026-03-13 11:52AM UTC

Brent prices declined in their last intraday trading, after reaching the main resistance at $100.00, attempting to offload some of the clear overbought conditions on the relative strength indicators, especially with the emergence of the negative signals from there. This corrective movement aimed to gather the positive momentum that might help it to retest this resistance and attempt to breach it, amid the continuation of the main bullish trend dominance on short-term basis, with the trading alongside supportive trend line for this path, reinforcing the chances of the price recovery in the upcoming period.

 

 

 

Forecast update for Bitcoin -13-03-2026

Economies.com
2026-03-13 11:48AM UTC

BTCUSD price extended its gains in its last intraday trading, breaching $71,500 resistance level, taking advantage of the dynamic support trading above EMA50, under the dominance of the bullish corrective trend on short-term basis, with its trading alongside minor supportive trend line, with the emergence of the positive signals from the relative strength indicators, despite reaching overbought levels.

 

 

 

 

Forecast update for crude oil -13-03-2026

Economies.com
2026-03-13 11:45AM UTC

The price of (crude oil) declined in its last intraday trading, in attempt to gain bullish momentum that might help it to recover and rise again, attempting to offload of some of its clear overbought conditions on the relative strength indicators, especially with the emergence of the negative signals from them amid the dominance of the main bullish trend on short-term basis, with its trading alongside supportive trend line for this path, taking advantage of the positive pressure that comes from its trading above EMA50, reinforcing the chances of the price recovery on near period.

 

 

Forecast update for silver -13-03-2026

Economies.com
2026-03-13 11:42AM UTC

The price of (silver) declined in its last trading on the intraday levels, affected by the negative pressure due to its trading below EMA50, which led it to break bullish corrective trend line on short-term basis, intensifying the negative pressure in the upcoming period, especially with the emergence of the negative signals from the relative strength indicators, despite reaching oversold levels.