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

Forecast update for Bitcoin -09-02-2026

Economies.com
2026-02-09 11:08AM UTC

BTCUSD price declined in its last intraday trading, due to the stability of the key resistance at $71,500, amid the continuation of the negative pressure due to its trading below EMA50, reinforcing the strength and dominance of the main bearish trend on short-term basis, besides the emergence of negative signals from relative strength indicators, intensifying the negative pressure on the price.

 

 

Forecast update for crude oil -09-02-2026

Economies.com
2026-02-09 11:06AM UTC

The price of (crude oil) rose in its last intraday trading, surpassing EMA50’s resistance, getting rid of its negative pressure, reinforcing the chances of extending these intraday gains, especially with the dominance of the main bullish trend on short-term basis, with its trading alongside supportive trend line for this track, besides the emergence of positive signals from relative strength indicators.

 

 

Forecast update for silver -09-02-2026

Economies.com
2026-02-09 11:03AM UTC

The price of (silver) declined during its last intraday trading, to gather the gains of its previous rise, attempting to offload some of its overbought conditions on relative strength indicators, especially with the emergence of negative signals from there, affected by breaching bearish corrective trend line on short-term basis, the price remains under negative pressure due to its trading below EMA50, which might reduce the chances of sustainable recovery on the near-term basis.

 

 

Forecast update for gold -09-02-2026.

Economies.com
2026-02-09 11:01AM UTC

The price of gold declined in its last intraday trading, due to the stability of the main resistance at $5,000, besides reaching EMA50, which forced it to decline, especially with the beginning of forming negative divergence on the relative strength indicators, after reaching overbought levels, exaggeratedly compared to the price move, with the emergence of negative signals from there.