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Forecast update for brent crude oil -05-01-2026

Economies.com
2026-01-05 12:11PM UTC

Brent crude oil’s prices rose in its last intraday trading, due to the stability of the support level at $59.95, this support was our morning expected target, attempting to offload its oversold conditions on the relative strength indicators, especially with the emergence of the positive signals, reaching the resistance of EMA50, amid the dominance of the main bearish trend on the short-term basis, with its trading alongside minor trend line for this trend.

 

 

 

Forecast update for Bitcoin -05-01-2026

Economies.com
2026-01-05 12:08PM UTC

BTCUSD’s price rose in its recent intraday trading, amid the continuation of the dynamic support that is represented by its trading above EMA50, reinforcing the strength of minor bullish wave on the short-term basis, besides the emergence of the positive signals from the relative strength indicators, despite reaching overbought levels, which might reduce the strong bullish move temporarily in the upcoming period.

Forecast update for crude oil -05-01-2026

Economies.com
2026-01-05 12:05PM UTC

The price of (crude oil) witnessed fluctuated trading in its last intraday trading, amid the emergence of the positive signals from the relative strength indicators, after reaching oversold levels, to hit EMA50’ resistance, which might decelerate the rise on the near-term basis, especially with its trading alongside minor bearish trend line on the near-term basis, which reduces the chances of sustainable recovery on the near-term basis.

 

 

Forecast update for silver -05-01-2026

Economies.com
2026-01-05 12:02PM UTC

 

The price of (silver) declined slightly in its last trading on the intraday levels, 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 the short-term basis, especially with its trading alongside trend line, attempting to gather quick gains, and gathering bullish momentum that may help it to rise again, besides its attempt to offload some of its clear overbought conditions, especially with the emergence of negative overlapping signals.