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Forecast update for crude oil -13-05-2026

Economies.com
2026-05-13 11:27AM UTC

Crude Oil price rose during its latest intraday trading, as its is leaning on EMA50’s support, gaining bullish momentum that helped it to achieve these gains, amid the dominance of the main bullish trend on the short-term basis, with its trading alongside supportive trend line for this path, besides offloading its overbought conditions on the relative strength indicators, opening the way for extending these gains in the upcoming near period.

Forecast update for silver-13-05-2026

Economies.com
2026-05-13 11:27AM UTC

Silver price is maintaining its gains during the latest intraday trading sessions, amid the dominance of the main upward trend in the short term. Positive pressure continues as the price trades above EMA50, which strengthens the bullish trend in the near term.

 

However, in the background, we notice the beginning of a negative crossover on the relative strength indicators after reaching overbought levels, which may lead to some bearish corrective rebounds or sideways volatility.

 

 

Forecast update for gold -13-05-2026.

Economies.com
2026-05-13 11:27AM UTC

Gold price is witnessing volatile trading in its recent intraday movements, attempting to gain positive momentum that could help it resume its recovery and rise again. This comes amid continued positive and dynamic support from trading above EMA50, which reinforces the dominance of the main upward trend in the short term, with price movements aligned alongside a rising trendline.

 

On the other hand, we notice the beginning of a negative crossover on the relative strength indicators after reaching heavily overbought levels, which may limit the chances of recovery in the near term.

 

 

Forecast update for EURUSD -13-05-2026.

Economies.com
2026-05-13 11:26AM UTC

The (EURUSD) continued to slide during its recent intraday trading, breaking a major short-term upward trendline. This decline came alongside the pair falling below EMA50, increasing the negative pressure on the pair and weakening any hopes of a near-term recovery.

 

This also coincides with the beginning of a negative crossover on the relative strength indicators, after the pair managed to ease part of its oversold conditions, opening the door for further losses.