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Forecast update for Ethereum -16-03-2026

Economies.com
2026-03-16 12:13PM UTC

The price of (ETHUSD) rose higher in its last intraday trading, surpassing the resistance level at $2,260, this resistance represented a potential target in our morning analysis for today, benefited by its continuous trading above EMA50, reinforcing the stability of the bullish corrective trend on short-term basis, besides the emergence of the positive signals from the relative strength indicators, despite reaching overbought levels.

 

 

Forecast update for Brent -16-03-2026

Economies.com
2026-03-16 12:10PM UTC

Brent prices declined in their last intraday trading, attempting to offload some of its overbought conditions from the relative strength indicators, especially with the emergence of the negative signals from them, to gather its positive strength that might help it to keep the main bullish trend on the short-term basis, amid the continuation of the dynamic pressure that is represented by its trading above EMA50, to keep this path stability.

 

 

Forecast update for Bitcoin -16-03-2026

Economies.com
2026-03-16 12:06PM UTC

BTCUSD price keeps its gains in its last intraday trading, witnessing fluctuations to attempt to gain some bullish momentum that might help it to breach $74,00 key resistance, amid the continuation of the positive support due to its trading above EMA50, under the dominance of the bullish corrective trend on short-term basis, with its trading alongside main and minor trend line, noticing the emergence of the positive signals from the relative strength indicators.

Forecast update for crude oil -16-03-2026

Economies.com
2026-03-16 12:02PM UTC

The price of (crude oil) declined in its last intraday trading, affected by the stability of the main psychological resistance level at $100.00, with the emergence of negative signals from the relative strength indicators after reaching overbought levels, attempting to offload this overbought condition and gaining bullish momentum might help it to breach this resistance, taking advantage of the main bullish trend dominance on the short term basis, and its trading alongside supportive trend line for this path.