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

Forecast update for crude oil -09-07-2026

Economies.com
2026-07-09 11:00 UTC

 

Crude Oil rose in the last intraday trading, preparing to attack the key resistance at $75.00, amid the dominance of bullish corrective wave on the short-term basis, with the continuation of the positive pressure that comes from its trading above EMA50, representing dynamic support base that reinforces the chances for moving higher, especially with the relative strength indicators reaching oversold levels compared to the price move, to suggest forming more bullish momentum.

 

 

 

Forecast update for silver-09-07-2026

Economies.com
2026-07-09 10:57 UTC

 

 

Silver rose in its latest intraday trading, recovering some previous losses, and it managed to offload its clear oversold conditions on the relative strength indicators, to enter exaggerated overbought levels on the relative strength indicators, as a clear signals for losing this positive momentum quickly, threatening these gains amid the dominance of the main bearish trend on the short-term basis, with its trading alongside supportive trend line for this path, with a negative pressure due to is trading below EMA50, reducing the chances of a full recovery in the near upcoming period.

 

 

Forecast update for Gold -09-07-2026

Economies.com
2026-07-09 10:55 UTC

 

 

Gold settles on gains in its last intraday trading, supported by the emergence of the positive signals from the relative strength indicators, to draw a clear bullish trend line on the short-term basis, especially with its trading alongside supportive trend line for this path, beside surpassing EMA50’s resistance, getting rid of its negative pressure, to reinforce the chances of extending these gains in the near upcoming period, especially when breaching the current resistance levels.

 

 

Forecast update for EURUSD -09-07-2026

Economies.com
2026-07-09 10:50 UTC

 

The EURUSD pair witnessed fluctuated trading at its last intraday levels, with the stability of the stubborn resistance at 1.1430, to attempt to gain bullish momentum that might help it to breach this resistance, attempting to offload some of its clear overbought conditions on the relative strength indicators, especially with the emergence of negative signal from them, supported by its trading above EMA50, which represents a support base that reinforces this breach, especially with its trading within bullish corrective channel’s range on the short-term basis.