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

Forecast update for crude oil -29-01-2026

Economies.com
2026-01-29 10:27AM UTC

The price of (crude oil) extended its gains in its last intraday trading, reaching the expected target in our previous analysis at $64.40 resistance, amid the dominance of the main bullish trend on short-term basis, with the continuation of the positive pressure due to its trading above EMA50, besides the emergence of the positive signals from relative strength indicators, despite reaching overbought levels, which might reduce the upcoming gains.

 

 

Forecast update for silver -29-01-2026

Economies.com
2026-01-29 10:24AM UTC

The price of (silver) declined in its last intraday trading, attempting to gain bullish momentum that may help it to recover and rise again and attempt to offload some of its overbought conditions on relative strength indicators, especially with the emergence of negative overlapping signals, amid the continuation of the dynamic support that is represented by its trading above EMA50, reinforcing the dominance and stability of the main bullish trend on short-term basis.

 

 

Forecast update for gold -29-01-2026.

Economies.com
2026-01-29 10:20AM UTC

The price of gold declined in its last intraday trading, taking a breather to gather the gains of its previous rises, and offloading some of its clear overbought conditions on relative strength indicators, especially with the emergence of negative signals from there, to gather bullish momentum for resuming its strong gains, amid the dominance of the main bullish trend on short-term basis with its trading alongside minor trend line.

 

 

 

Forecast update for EURUSD -29-01-2026.

Economies.com
2026-01-29 10:16AM UTC

 

The price of EURUSD declined on its last intraday trading, to gain bullish momentum to help it recover and rise again, amid the dominance of the main bullish trend on short-term basis, with its trading alongside supportive trend line for this trend, with the continuation of the positive support due to its trading above EMA50, besides the emergence of positive signals from relative strength indicators from relative strength indicators, after reaching oversold levels.