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

Forecast update for Bitcoin -23-06-2026

Economies.com
2026-06-23 10:57 UTC

 

 

Bitcoin (BTCUSD) declined during its latest intraday trading, reaching $62,000 support, which represented our previous expected target, amid the continuation of the negative pressure that comes from its trading below EMA50, with the dominance of the main bearish trend on the short-term basis, on the other hand, we notice the emergence of the negative signals from the relative strength indicators. 

 

 

Forecast update for crude oil -23-06-2026

Economies.com
2026-06-23 10:54 UTC

 

 

Crude Oil settles against a strong bearish wave, supported by positive signals from the relative strength indicators after they reached deeply oversold levels. This appears to be an attempt by the market to ease some of the oversold conditions, helping prices stabilize despite the prevailing short-term bearish trend, and negative pressure remains in place as crude oil continues to trade below EMA50, reinforcing the dominance of the bearish outlook and increasing downside pressure on prices.

 

 

Forecast update for silver-23-06-2026

Economies.com
2026-06-23 10:50 UTC

Silver continued to decline during its latest intraday trading sessions, breaking below the key support level of $63.00. This support level was one of our previously projected downside targets.

 

The metal remains under the control of the primary short-term bearish trend, moving along a downward-sloping trendline that supports this trajectory. Negative pressure also persists as silver continues to trade below EMA50. On the other hand, a positive crossover is beginning to emerge on the relative strength indicators after they reached deeply oversold territory, which may help slow the pace of losses in the near term.

Forecast update for Gold -23-06-2026

Economies.com
2026-06-23 10:47 UTC

 

Gold continues its series of losses during its latest intraday trading sessions, reaching the $4,100 support level, which had been one of our previously projected downside targets.

 

The metal remains under negative pressure as it continues to trade below EMA50, reinforcing the stability and dominance of the primary short-term bearish trend. In addition, negative signals from the relative strength indicators continue to support the bearish trend.