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

Forecast update for Bitcoin -06-02-2026

Economies.com
2026-02-06 12:21PM UTC

BTCUSD price rose carefully in its last intraday trading, taking advantage of the stability of $60,000 main support, gaining bullish momentum to attempt to recover some of of its previous losses, while its succeeded in offloading some previous losses, while it offloaded its oversold conditions on relative strength indicators, especially with the emergence of positive signals from there, amid the continuation of the negative pressure due to its trading below EMA50, under the dominance of the main bearish trend on short-term basis, and its trading alongside steep minor trend line.

 

 

 

Forecast update for crude oil -06-02-2026

Economies.com
2026-02-06 12:17PM UTC

The price of (crude oil) declined in its last intraday trading, surpassing EMA50’s support, putting it under an intraday negative pressure that makes it deepened these losses in the upcoming period, on the other hand, the price remains benefited from its trading alongside bullish trend line on short-term basis, with the emergence of positive signals from relative strength indicators, after reaching oversold levels.

 

 

 

 

Forecast update for silver -06-02-2026

Economies.com
2026-02-06 12:14PM UTC

 

The price of (silver) rose during its last intraday trading, supported by the emergence of the positive signals from relative strength indicators, after reaching oversold levels, 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 bearish corrective trend on short-term basis, amid the trading alongside steep trend line.

 

 

 

Forecast update for gold -06-02-2026.

Economies.com
2026-02-06 12:12PM UTC

The price of gold extended its early gains in its last intraday trading, affected by the stability of the current support at $4,800, gaining bullish momentum to intensifies the emergence of the positive signals from relative strength indicators, after reaching oversold levels, on the other hand, the price remains under negative pressures due to its trading below EMA50, which makes any current attempt to rise threatened to reverse at any moment, especially with the dominance of the bearish corrective trend on short-term basis.