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

Forecast update for crude oil -08-06-2026

Economies.com
2026-06-08 11:11AM UTC

Crude oil prices declined in its recent intraday trading, affected by reaching the resistance of short-term minor bearish trend line, which forced it to rebound and reduce some of its early gains for today, on the other hand, we notice the continuation of the positive and dynamic support that comes from the trading above EMA50, with the emergence of the positive signals from the relative strength indicators, keeping the chances of the rise valid in the near upcoming period, especially when breaching near resistance level.

 

 

 

Forecast update for silver-08-06-2026

Economies.com
2026-06-08 10:57AM UTC

 

Silver price witnessed slight gains gains in its recent intraday levels, amid the continuation of the negative pressure that comes from its trading below its trading below EMA50, reinforcing the stability and dominance of the main bearish trend, with its trading alongside supportive trend line for this path, attempting to recover the previous losses, and offloading some of its clear oversold conditions on the relative strength indicators, especially with the emergence of the positive signals from them.

 

 

Forecast update for Gold -08-06-2026

Economies.com
2026-06-08 10:54AM UTC

 

Gold price settles lower in its recent intraday trading, after reaching our morning target at $4,300 support, gaining some bullish momentum that attempts to recover some of its previous losses, and offloading its clear oversold conditions on the relative strength indicators, especially with the emergence of the positive signals from there, amid the dominance of the main bearish trend on the short-term basis.

 

 

Forecast update for EURUSD -08-06-2026.

Economies.com
2026-06-08 10:50AM UTC

The EURUSD pair fluctuated in its last intraday trading, with the beginning of the positive signals from the relative strength indicators, after reaching oversold levels, attempting to offload some of this oversold conditions, amid the continuation of the negative pressure that comes from its trading below EMA50, reinforcing the stability and dominance of the main bearish trend on the short-term basis.