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Forecast update for Silver -09-11-2026
Silver is holding on to slight losses in its recent intraday trading, as the price attempts to build positive momentum that could help it recover and resume its upward movement. At the same time, it is attempting to ease its overbought conditions on the relative strength indicators, particularly as negative signals begin to emerge from these indicators.
This comes as the price continues to benefit from a previously established positive technical formation on the short-term basis, namely a double-bottom pattern. It is also receiving positive support from trading above EMA50, strengthening the chances of a near-term recovery.
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Forecast update for Gold -09-11-2026
Gold edged lower in its recent intraday trading, attempting to take profits from its previous gains while seeking to build positive momentum that could help it resume its early-session advance. This comes amid a strong short-term bullish wave, supported by continued trading above EMA50, which provides a dynamic support base that strengthens the chances of a recovery in the near term.
MoreForecast update for EURUSD -09-11-2026
The EURUSD pair surged higher in its recent intraday trading, driven by positive signals from the relative strength indicators, reaching EMA50’s resistance. This coincided with a retest of the key resistance level at 1.1190, in a move that may signal the pair’s determination to recover and shake off the surrounding negative pressure. However, a confirmed breakout above these resistance levels is still needed to strengthen the likelihood of this positive scenario, particularly as the main bearish trend continues to dominate the pair’s price action.
MoreEURNZD faces strong resistance – Forecast today – 9-11-2026
The pair ended its recent bullish surge after encountering strong resistance near 2.0160, remaining below this level and prompting a series of negative waves. It is currently trading near 1.9965.
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