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Forecast update for crude oil -10-06-2026
Crude Oil prices posted a strong rebound during the latest intraday session, moving within a corrective phase as the market searches for its next short-term direction. The price continues to receive positive support from the resilience of the key support level at $86.00.
However, the short-term corrective bearish trend remains dominant, with the trading along a minor downward trendline. Additional negative pressure is coming from trading below EMA50, while relative strength indicators started to show a negative crossover after unwinding previous oversold conditions, reinforcing the bearish outlook and increasing downside pressure on prices.
Forecast update for silver-10-06-2026
Silver prices remained under pressure during their latest intraday trading session, holding near lower levels as the dominant short-term bearish trend continues to prevail. Price action remains aligned with a downward-sloping trendline that supports this bearish trajectory.
MoreForecast update for Gold -09-06-2026
Gold keeps declining in recent intraday sessions to break$4,200 support, amid the dominance of the main bearish trend on the short-term basis, with the continuation of the negative and dynamic pressure that is represented by its trading below EMA50, besides the continuation of the negative signals emergence from the relative strength indicators, despite reaching oversold levels, as a signals for the strength of the dominance selling powers on the price.
MoreForecast update for EURUSD -10-06-2026.
The EURUSD pair declined during its latest intraday trading session, as negative pressure continues to build from trading below its EMA50, which is reinforcing the bearish pressure already driven by the dominant short-term downtrend. The pair is also moving along a minor bearish trendline that continues to support this downward path.
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