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Crude Oil Reaches Our Target Level – Analysis – 15-06-2026
Crude oil prices declined during recent intraday trading, reaching $79.00 support, which was expected target within the current bearish trend. The decline reflects the continued dominance of sellers, with prices still moving along a descending trendline that supports the prevailing short-term downtrend.
The negative outlook reinforces as oil continues to trade below EMA50, which keeps its dynamic negative pressure and limiting recovery attempts. Relative strength indicators resumed generating bearish signals after easing from previous oversold conditions, suggesting renewed downside momentum and the potential for further losses in the near term.
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Silver Breaks Above a Major Downtrend Line –Analysis – 15-06-2026
Silver prices rallied sharply, delivering a strong technical performance that enabled the metal to breach a major short-term descending trendline, improving buying interest and easing selling pressure that had weighed on price action in recent sessions, signaling the potential for further recovery and higher targets in the near term.
MoreGold Attempts to Shake Off Bearish Pressure – Analysis – 15-06-2026
Gold posted strong gains during recent intraday trading, pushing toward the key resistance level at $4,300 while attempting to overcome the negative pressure imposed by the EMA50. This area remains crucial in determining the next short-term direction, whether through extending the current recovery or resuming selling pressure.
MoreEURUSD Breaks Out Strongly, Supporting Further Gains – Analysis – 15-06-2026
The EURUSD pair surged sharply during recent intraday trading, successfully breaking above the key resistance level at 1.1575, which represents the neckline of a short-term double-bottom pattern.
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