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Forecast update for crude oil -04-03-2026

Economies.com
2026-03-04 11:37AM UTC

The price of (crude oil) declined in its last trading on the intraday basis, amid its attempts to gain bullish momentum that might help it to recover and rise again, amid the dominance of the main bullish trend on short-term basis, with its trading above EMA50, reinforcing the chances of its recovery in near-term basis, especially with the emergence of overbought conditions, opening the way for targeting new resistance levels.

 

 

 

Forecast update for silver -04-03-2026

Economies.com
2026-03-04 11:34AM UTC

The price of (silver) rose in its last trading, supported by the emergence of the positive signals from relative strength indicators, to retest $86.00 resistance, amid the effect of breaking minor bullish trend line on short-term basis, and there is negative and dynamic pressure that is represented by its trading below EMA50, and the relative strength indicators reached overbought levels, exaggeratedly compared to the price move, to indicate begin forming negative divergence.

 

 

 

Forecast update for gold -04-03-2026.

Economies.com
2026-03-04 11:29AM UTC

The price of gold reinforced is gains in its last intraday trading, supported by the emergence of positive signals from the relative strength indicators, to retest $5,200 resistance, accompanied by reaching EMA50, forming key technical barrier that might limit the continuation of the rise, affected by breaking minor bullish trend line on short-term basis, keeping the technical overview cautious, and making any current gain vulnerable to negative rebound, unless it breaches that resistance and holds above it.

 

 

Forecast update for EURUSD -04-03-2026.

Economies.com
2026-03-04 11:12AM UTC

The price of EURUSD rose in its last intraday trading, supported by the emergence of the positive signals from relative strength indicators, in attempt to correct the main bearish trend on short-term basis, amid the continuation of the negative pressure due to its trading below EMA50, reinforcing the stability and dominance of the main bearihs trend, and the relative strength indicators reached exaggerated overbought levels, indicating a quick fading for the bullish momentum.