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

Forecast update for Brent -23-07-2026

Economies.com
2026-07-23 10:58 UTC

 

Brent crude oil settles on consecutive gains on its last intraday levels, reaching $94.65 resistance level, which was our expected target in our previous analysis, supported by its trading above EMA50, which represents a dynamic support base that reinforces the stability and dominance of the bullish trend on the short-term basis, with the emergence of positive signals from the relative strength indicators, despite reaching overbought levels.

 

 

Forecast update for Bitcoin -23-07-2026

Economies.com
2026-07-23 10:55 UTC

 

 

The price of Bitcoin settle lower in its last intraday trading, attempting to look for a higher low to take it as a base that might help it to gain the required bullish momentum for its recovery, amid the dominance of the main bullish trend on the short-term basis, with its trading alongside supportive trend line, besides the continuation of the positive pressure that comes from its trading above EMA50, reinforcing the chances of near term recovery.

 

 

Forecast update for crude oil -23-07-2026

Economies.com
2026-07-23 10:52 UTC

 

Crude Oil kept rising in its last intraday trading, approaching the resistance level at $90.50 resistance level, which was our last expected target, benefiting from the stability of the positive support that comes from its trading above EMA50, with the dominance of the bullish corrective trend on the short-term basis, on the other hand, we notice the positive signals from the relative strength indicators, after offloading its overbought conditions.

 

 

 

Forecast update for silver-23-07-2026

Economies.com
2026-07-23 10:48 UTC

 

 

Silver declined in its latest intraday trading, affected by the stability of the stubborn resistance at $59.75, attempting to gain bullish momentum that might help it to breach this resistance, amid the dominance of bullish corrective wave on the short-term basis, with the continuation of the positive support that comes from its trading above EMA50, noticing that the relative strength indicators prepare to create a bullish divergence that might reinforce the chances of a near term recovery, after reaching oversold level, exaggeratedly compared to the price move.