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Forecast update for Ethereum -18-05-2026

Economies.com
2026-05-18 10:47AM UTC

Ethereum settles with sharp losses in its last intraday trading, amid the emergence of the negative signals from the relative strength indicators, with the continuation of the negative and dynamic pressure that is represented by its trading below EMA50, reinforcing the stability and dominance of the main bearish trend on the short-term basis, especially with its trading alongside supportive trend line for this path.

 

 

Forecast update for Brent -18-05-2026

Economies.com
2026-05-18 10:45AM UTC

Brent crude oil prices declined during the latest intraday trading sessions, while positive support continues due to prices trading above the EMA50, reinforcing the stability and dominance of the main bullish trend in the short term, the price is attempting to gain fresh positive momentum that could support a renewed recovery and upward move. At the same time, the market is trying to ease some of the clear overbought conditions shown by the relative strength indicators, especially as negative signals continue to emerge from them.

 

 

 

Forecast update for Bitcoin -18-05-2026

Economies.com
2026-05-18 10:42AM UTC

Bitcoin (BTCUSD) declined during its latest intraday trading sessions, breaking below the current support level at $77,000. The cryptocurrency remains under pressure from a short-term corrective bearish wave, following an earlier break below a major upward trendline.

 

Negative and dynamic pressure continues as the price trades below the EMA50, reducing the chances of a full recovery in the near term. This comes alongside ongoing negative signals from the relative strength indicators, despite them reaching deeply oversold levels.

 

 

 

Forecast update for crude oil -18-05-2026

Economies.com
2026-05-18 10:39AM UTC

Crude oil prices declined during the latest intraday trading sessions, pressured by the stability of the current resistance level at $104.00. The price is undergoing a profit-taking phase after previous gains while attempting to build positive momentum that could help it break above this resistance level.

 

At the same time, the market is trying to ease overbought conditions on the relative strength indicators, especially as negative signals continue to emerge from them. Despite this, positive and dynamic pressure remains in place as prices continue trading above the EMA50, while the main short-term trend stays bullish.