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

Forecast update for Brent -16-03-2026

Economies.com
2026-03-16 12:10PM UTC

Brent prices declined in their last intraday trading, attempting to offload some of its overbought conditions from the relative strength indicators, especially with the emergence of the negative signals from them, to gather its positive strength that might help it to keep the main bullish trend on the short-term basis, amid the continuation of the dynamic pressure that is represented by its trading above EMA50, to keep this path stability.

 

 

Forecast update for Bitcoin -16-03-2026

Economies.com
2026-03-16 12:06PM UTC

BTCUSD price keeps its gains in its last intraday trading, witnessing fluctuations to attempt to gain some bullish momentum that might help it to breach $74,00 key resistance, amid the continuation of the positive support due to its trading above EMA50, under the dominance of the bullish corrective trend on short-term basis, with its trading alongside main and minor trend line, noticing the emergence of the positive signals from the relative strength indicators.

Forecast update for crude oil -16-03-2026

Economies.com
2026-03-16 12:02PM UTC

The price of (crude oil) declined in its last intraday trading, affected by the stability of the main psychological resistance level at $100.00, with the emergence of negative signals from the relative strength indicators after reaching overbought levels, attempting to offload this overbought condition and gaining bullish momentum might help it to breach this resistance, taking advantage of the main bullish trend dominance on the short term basis, and its trading alongside supportive trend line for this path.

Forecast update for silver -16-03-2026

Economies.com
2026-03-16 11:57AM UTC

 

The price of (silver) declined in its last trading on the intraday trading, to break $79.50 support, despite the emergence of positive signals from the relative strength indicators after reaching oversold levels, as a clear signals for the dominance of the selling powers on the price movement, with the continuation of the negative dynamic pressure, that is represented by its trading below EMA50, intensifying the negative pressure around it, and reinforces the scenario of deepening the near upcoming losses.