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

Forecast update for Bitcoin -24-06-2026

Economies.com
2026-06-24 10:55 UTC

 

 

Bitcoin (BTCUSD) declined during its latest intraday trading, after offloading its oversold conditions on the relative strength indicators, to enter exaggerated overbought levels compared to the price move, as a signal for ending the positive momentum, preparing to break the key support at $62,000, affected by breaking bullish corrective trend line on the short-term basis, with the continuation of the negative pressure that comes from its trading below EMA50, intensifying the negative pressure on the price.

 

Forecast update for crude oil -24-06-2026

Economies.com
2026-06-24 10:52 UTC

 

 

Crude Oil kept recording consecutive losses in its last intraday levels, amid the continuation of the negative pressure that comes from its trading below EMA50, reinforcing the stability and the strength of the short-term main bearish trend, especially with its trading alongside supportive trend line for this path, noticing the emergence of the negative signals from the relative strength indicators, after offloading its oversold conditions.

 

Forecast update for silver-24-06-2026

Economies.com
2026-06-24 10:50 UTC

 

 

Silver declined during its latest intraday trading, with the beginning of negative overlapping signals emergence from the relative strength indicators, after offloading the oversold conditions, which increased the negative pressure with the dominance of the short-term bearish trend on the short-term basis, with its trading alongside supportive trend line for this trend, with the continuation of the negative pressure due to its trading below EMA50, which reduces the chances of full recovery in near period.

 

 

Forecast update for Gold -24-06-2026

Economies.com
2026-06-24 10:48 UTC

 

 

Gold declined during its latest intraday trading, amid the continuation of the negative pressure due to its trading below EMA50, which reinforces the stability and dominance of the main bearish trend on the short-term basis, with its trading alongside supportive trend line, noticing the emergence of the negative signals from the relative strength indicators, after offloading its oversold conditions, opening the way for deepening these losses in the upcoming near period.