Trending: Oil | Gold | BITCOIN | EUR/USD | GBP/USD

Forecast update for crude oil -06-02-2026

Economies.com
2026-02-06 12:17PM UTC

The price of (crude oil) declined in its last intraday trading, surpassing EMA50’s support, putting it under an intraday negative pressure that makes it deepened these losses in the upcoming period, on the other hand, the price remains benefited from its trading alongside bullish trend line on short-term basis, with the emergence of positive signals from relative strength indicators, after reaching oversold levels.

 

 

 

 

Forecast update for silver -06-02-2026

Economies.com
2026-02-06 12:14PM UTC

 

The price of (silver) rose during its last intraday trading, supported by the emergence of the positive signals from relative strength indicators, after reaching oversold levels, attempting to recover some previous losses, amid the continuation of the negative pressure due to its trading below EMA50, reinforcing the stability and dominance of the bearish corrective trend on short-term basis, amid the trading alongside steep trend line.

 

 

 

Forecast update for gold -06-02-2026.

Economies.com
2026-02-06 12:12PM UTC

The price of gold extended its early gains in its last intraday trading, affected by the stability of the current support at $4,800, gaining bullish momentum to intensifies the emergence of the positive signals from relative strength indicators, after reaching oversold levels, on the other hand, the price remains under negative pressures due to its trading below EMA50, which makes any current attempt to rise threatened to reverse at any moment, especially with the dominance of the bearish corrective trend on short-term basis.

 

 

Forecast update for EURUSD -06-02-2026.

Economies.com
2026-02-06 12:09PM UTC

The price of EURUSD kept declining in its fluctuating trading, which prefers the negativity on its last intraday levels, amid the emergence of positive signals from relative strength indicators, accompanied by the dominance of bearish corrective wave on short-term basis, with its trading below EMA50, reducing the chances of the price sustainable recovery on near-term basis.