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Crude Oil Breaks Our Target Level – Analysis – 12-06-2026
Crude oil prices settle with series of consecutive losses in recent intraday trading, breaking below the key support level at $86.00, which was one of our previously projected targets. The market remains under negative pressure as prices trade below EMA50, reinforcing the dominance of the short-term bearish trend while continuing to move along supportive trendline.
On the other hand, relative strength indicators are beginning to show a positive crossover after reaching deeply oversold levels, helping prices stabilize temporarily as the market attempts to ease some of the selling pressure created by the recent decline.
Silver Shows Additional Bearish Signals –Analysis – 12-06-2026
Silver prices remain near strong recent gains during intraday trading, as it attempts to correct its short-term bearish trend. Price action continues to follow an upward-sloping trendline that supports this recovery attempt, although downside pressure persists due to trading below the EMA50, which continues to act as a dynamic resistance and limits the chances of a full recovery.
MoreGold Holds Its Gains Despite Ongoing Technical Pressure – Analysis – 12-06-2026
Gold keeps its recent intraday gains after recording a solid advance, entering a phase of consolidation and profit-taking. This movement reflects the metal’s attempt to rebuild positive momentum and prepare for a possible continuation of its upward correction, supported by ongoing positive signals from relative strength indicators.
MoreEURUSD Rises After Reaching Our Target – Analysis – 12-06-2026
The EURUSD pair is holding on to the gains achieved during recent intraday trading, supported by the stability of the key support of 1.1500, which was one of our previous targets, benefiting from positive signals from relative strength indicators, helping to maintain bullish momentum and push prices higher.
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