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

Forecast update for Bitcoin -02-02-2026

Economies.com
2026-02-02 11:06AM UTC

BTCUSD price rose in its last intraday trading, supported by the emergence of positive signals from the relative strength indicators, attempting to recover some previous losses, amid the continuation of the negative pressure due to its trading below EMA50, reinforcing the stability and dominance of the main bearish trend on the short-term basis, reducing the chances of the price recovery in the upcoming period.

 

 

Forecast update for crude oil -02-02-2026

Economies.com
2026-02-02 11:03AM UTC

The price of (crude oil) settles on sharp losses in its last intraday trading, to surpass EMA50’s support, reinforcing the stability of the negative scenario, especially with the effect of negative technical formation on the short-term basis, which is represented by the double top pattern, reaching our morning expected target at $61.50 support, on the other hand, the price remains moving alongside minor trendline on short-term basis, with the relative strength indicators reach to oversold levels, with the emergence of positive overlapping signals, which might limit the losses if the support settles.

 

 

Forecast update for silver -02-02-2026

Economies.com
2026-02-02 10:59AM UTC

The price of (silver) rose in its last intraday trading, after leaning on our previous expected target at $73.00 support, gaining some bullish momentum that helped it to recover some of its previous losses, and attempting to offload some of its oversold conditions on the relative strength indicators, especially with the emergence of positive overlapping signals, amid the continuation of the dynamic pressure that is represented by its trading below EMA50, affected by breaking main bullish trend line on the short-term basis.

 

 

Forecast update for gold -02-02-2026.

Economies.com
2026-02-02 10:56AM UTC

 

The price of gold rose in its last intraday trading, due to the stability of $4,550 support, which was our expected target in our morning analysis, gaining bullish momentum to help it recover some of its previous losses, and attempting to offload some clear oversold conditions on relative strength indicators, especially with the emergence of positive overlapping signals from there, amid the continuation of the negative pressure due to its trading below EMA50,  reducing the chances of full recovery on near sessions, affected by breaking minor bullish trend line on short-term basis.