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Forecast update for Bitcoin -29-06-2026

Economies.com
2026-06-29 10:56 UTC

 

 

The price of Bitcoin continued its fluctuating trading at its recent intraday levels, taking advantage of the positive momentum that comes from the relative strength indicators after reaching oversold levels, and the price is under the dominance of the main bearish trend on the short-term basis, with its trading alongside supportive trend line for this path, besides the continuation of the negative pressure due to its trading below EMA50, which represents dynamic resistance that reduces the chances of sustainable recovery in the upcoming period.

Forecast update for crude oil -29-06-2026

Economies.com
2026-06-29 10:54 UTC

 

Crude Oil declined in its last intraday trading, with the beginning of negative overlapping signals’ appearance from the relative strength indicators, after offloading its oversold conditions, opening the way for recording more losses in the upcoming near period, especially with the continuation of the negative pressure that comes from its trading below EMA50, reinforcing the stability and dominance of the main bearish trend on the short-term basis.

 

 

 

 

 

Forecast update for silver-29-06-2026

Economies.com
2026-06-29 10:52 UTC

 

 

Silver declined in its latest intraday trading, after forming negative divergence on the relative strength indicators, followed reaching overbought levels, exaggeratedly compared to the price move and the emergence of the negative signals from them, amid the dominance of the main bearish trend on the short-term basis, with its trading alongside supportive trend line for this path, besides the continuation of the negative pressure due to its trading below EMA50, which represents a dynamic resistance that prevents the full recovery in the near period.

 

 

Forecast update for Gold -29-06-2026

Economies.com
2026-06-29 10:49 UTC

 

 

Gold declined in its last trading on the intraday basis, with the emergence of the negative signals from the relative strength indicators, after reaching overbought levels, with the continuation of the negative pressure that comes from its trading below EMA50, intensifying the negative pressures on the price, especially with the dominance of the main bearish trend on the short-term basis, with the trading alongside supportive trend line for this path.