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Forecast update for crude oil -24-04-2026

Economies.com
2026-04-24 11:56AM UTC

Crude Oil price declined in its latest intraday trading, along with forming negative divergence on the relative strength indicators and the beginning of negative signals emergence, attempting to gain bullish momentum that might help it to recover and rise again, amid the continuation of the dynamic pressure that is represented by its trading above EMA50, reinforcing the chances of the recovery with the dominance of minor bullish wave on the short-term basis.

 

 

Forecast update for silver -24-04-2026

Economies.com
2026-04-24 11:50AM UTC

 

Silver rose in recent intraday trading, attempting to recover some of its previous losses, and it attempts to offload its oversold conditions on the relative strength indicator, especially with the emergence of positive signals from them, affected by negative technical formation on the short-term basis, which is represented by the rising wedge pattern, with the continuation of the negative pressure due to its trading below EMA50, intensifying the negative pressure on the price.

 

 

Forecast update for gold -24-04-2026.

Economies.com
2026-04-24 11:48AM UTC

Gold price rose in its recent intraday trading, affected by the stability of the key support level at $4.700, gaining some positive momentum that helps it to settle amid the negative pressure that comes from its trading below EMA50, reducing the chances of gathering gains in the upcoming near period, however we might witness some current fluctuations, especially with the emergence of positive overlapping signals on the relative strength indicators, which might increase the positive momentum on the price.

 

 

Forecast update for EURUSD -24-04-2026.

Economies.com
2026-04-24 11:43AM UTC

The EURUSD pair rose in its recent intraday trading, affected by the stability of the ley support at 1.1670, gaining bullish momentum that helped it achieve these gains, supported by the emergence of the positive signals from the relative strength indicators, after reaching oversold levels, despite reaching below EMA50, with the dominance of bearish corrective wave on the short-term basis, keeping the bearish pressures valid with the continuation of moving lower likelihood in the upcoming near period.