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Forecast update for Ethereum -09-03-2026

Economies.com
2026-03-09 12:09PM UTC

The price of (ETHUSD) rose in its last intraday trading, before reaching EMA50’s resistance, which might put the price under negative pressure on an intraday basis, accompanied by reaching exaggerated overbought levels by the relative strength indicators, increasing the likelihoods of facing profit taking or temporary decline. The bearish trend remains dominant on short-term basis, which might limit the ability to continue the rise unless they breach this resistance and hold above it.

 

 

Forecast update for Brent -09-03-2026

Economies.com
2026-03-09 12:04PM UTC

Brent prices declined in their last intraday trading, in attempt to gather its previous gains quickly, and attempts to close this price gap, amid the emergence of negative signals from the relative strength indicators, after reaching overbought levels, to gather its positive strength that might help it to recover and rise again, amid the continuation of the dynamic support that is represented by its trading above EMA50, reinforcing the chances of the price return to rise in the upcoming period.

 

 

Forecast update for Bitcoin -09-03-2026

Economies.com
2026-03-09 12:00PM UTC

BTCUSD price rose in its last intraday trading, to retest the key resistance at $68,000, accompanied by reaching EMA50’s resistance, supported by the emergence of the positive signals from the resistance strength indicators, indicating a quick decline for the bullish momentum, affected by short-term negative technical formation that is represented by the broadening wedge pattern.

 

 

Forecast update for crude oil -09-03-2026

Economies.com
2026-03-09 11:56AM UTC

The price of (crude oil) declined in its last intraday trading, after reaching our morning suggested target at $114.00 resistance, to gather the gains of its last rises, attempting to look for higher low that might help it to gain bullish momentum for its recovery and rise again. The price is attempting to offload its overbought conditions on relative strength indicators, especially with the emergence of the negative signals from them, amid the dominance of the main bullish trend on short-term basis.