Forecast update for crude oil -15-09-2026

Silver fluctuated in its latest intraday levels, amid the continued stability of the pivotal $62.60 support level. This has provided the price with some positive momentum, helping it to face the downside pressures due to its trading below EMA50, which acts as dynamic resistance and reinforces the chances of the short-term corrective bearish trend remaining dominant and stable. In addition, a bearish crossover has started to emerge in the relative strength indicators, increasing the negative pressure.

Gold declined in its latest intraday trading, confirming a break below the key $4,300 support level, which increases the downside pressure surrounding the price. This comes as the short-term corrective bearish trend remains dominant, with the price moving along a trend line supporting this path. In addition, continued negative pressure from trading below EMA50 is reducing the chances of a full recovery in the near term, particularly as negative signals have started to emerge from the relative strength indicators after the price managed to relieve its oversold conditions, leaving room for further declines in the coming period.

The EURUSD pair remains under pressure in its latest intraday trading, preparing to break below the key support level at 1.1530. Negative signals have started to emerge again from the relative strength indicators after the pair managed to relieve its oversold conditions, increasing the downside pressure, particularly as the pair continues to trade below EMA50, reinforcing the stability and dominance of the short-term corrective bearish trend.