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

Forecast update for Brent -17-04-2026

Economies.com
2026-04-17 11:54AM UTC

Brent crude oil price declined during recent intraday trading, preparing to break the key support at $91.75, this support represents potential target in our previous analysis, amid the dominance of the bearish corrective trend on short-term basis, with its trading alongside supportive trend line for this track, besides the continuation of the negative pressure on the price, with the emergence of the negative signals from the relative strength indicators.

 

 

 

 

 

Forecast update for Bitcoin -17-04-2026

Economies.com
2026-04-17 11:51AM UTC

Bitcoin (BTCUSD) price witnessed slight downside moves in its recent intraday trading, due to the stability of the key resistance of $75,500 which was an expected target in our previous analysis, to attempt to gain bullish momentum that might help it to breach this resistance, amid the continuation of the dynamic pressure that is represented by its trading above EMA50, reinforcing the stability and dominance of the main bullish trend on short-term basis, besides the emergence of the positive signals from the relative strength indicators.

 

 

 

Forecast update for crude oil -17-04-2026

Economies.com
2026-04-17 11:49AM UTC

Crude oil price declined in its recent intraday trading, approaching the key support level at $86.75, which was an expected target in our morning analysis for today, preparing to break it, amid the negative pressure that comes from its trading below EMA50, which reduces the chances of full recovery on the near-term basis, especially with the dominance of the bearish corrective trend on short-term basis, besides the emergence of the negative signals from the relative strength indicators after reaching oversold levels.

 

 

 

Forecast update for silver -17-04-2026

Economies.com
2026-04-17 11:46AM UTC

Silver price settles higher in its recent intraday trading , taking advantage of the positive signals from the relative strength indicators, after forming positive divergence that helped it achieve these gains, preparing to attack the key resistance at $80.00, supported by its continued trading above EMA50, reinforcing the stability and dominance of the bullish corrective trend on the short-term basis, with its trading alongside supportive trend line for this path.