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

Forecast update for Brent -23-02-2026

Economies.com
2026-02-23 11:06AM UTC

Brent prices began to recover and rise again in their last intraday trading, with the emergence of positive overlapping signals from relative strength indicators, after reaching oversold levels, amid the dominance of the main bullish trend on short-term basis, with its trading alongside supportive trend line for this path, with a dynamic support that is represented by its trading above EMA50, reinforcing the chances of extending its gains on the near-term basis.

 

 

 

Forecast update for Bitcoin -23-02-2026

Economies.com
2026-02-23 11:03AM UTC

BTCUSD price rose on its last intraday levels, due to the stability of the key support at $65,000, gaining bullish momentum that helped it to achieve these gains, to recover some previous losses, attempting to offload some of its clear oversold conditions from relative strength indicators, especially with the emergence of positive signals from there, amid the continuation of the negative pressure due to its trading below EMA50, under the dominance of the main bearish trend on short-term basis.

 

 

Forecast update for crude oil -23-02-2026

Economies.com
2026-02-23 10:59AM UTC

The price of (crude oil) rose in its last trading on the intraday levels, taking advantage of the support level stability at $65.35, gaining bullish momentum that helped it to achieve these gains, amid the dominance of the main bullish trend on short-term basis, with its trading alongside supportive trend line for this path, besides the continuation of the positive pressure due to its trading above EMA50, renewing the bullish momentum.

 

 

 

Forecast update for silver -23-02-2026

Economies.com
2026-02-23 10:54AM UTC

The price of (silver) rose in its last intraday trading, to confirm breaching the key resistance at $86.00, amid the continuation of the dynamic support that is represented by its trading above EMA50, reinforcing the stability and dominance of minor bullish wave on short-term basis, on the other hand, we notice the emergence of negative signals from relative strength indicators, after reaching overbought levels, which might reduce the gains in near period.