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Crude oil prices supported by technical factors, boosting chances of a rise - Analysis- 18-03-2026
Crude Oil prices declined during their latest intraday trading, coinciding with incoming negative signals from the relative strength indicators, as part of the price’s attempts to gain new positive momentum that may support a return to the upside.
Despite this decline, the main upward trend still dominates price movements in the short term, as it continues to move along a supportive trendline. And the dynamic support remains valid as the price trades above EMA50, which enhances the chances of recovery and a resumption of the upward movement in the near term.
Silver prices hold steady under the influence of key support - Analysis- 18-03-2026
Silver recorded slight gains during its recent intraday trading, benefiting from the stability of the key support level at $79.50. This has provided the price with renewed positive momentum, helping to limit its losses over the past period. In the technical background, we notice the beginning of a positive crossover from the relative strength indicators after it reached sharply oversold levels, which may support some cautious gains in the upcoming period.
MoreGold price awaits new momentum to determine direction- Analysis-18-03-2026
Gold is moving around the key psychological support level at $5,000 during its latest intraday trading, within a narrow range of sideways movements. This comes amid continued negative pressure as it trades below its EMA50.
MoreEURUSD price is facing strong resistance despite recent gains - Analysis-18-03-2026
The EURUSD pair is holding onto strong gains during its latest intraday trading, supported by incoming positive signals from the relative strength indicators. However, the indicator has reached high overbought levels, which may signal a rapid decline in positive momentum.
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