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

Forecast update for Brent -06-02-2026

Economies.com
2026-02-06 12:24PM UTC

Brent prices declined in their last intraday trading, offloading its positive chances that might help it to recover and rise again, where it surpassed EMA50’s support by its last trading, putting it under negative pressure that intensifies with the emergence of negative overlapping signals from relative strength indicators, after offloading some of oversold conditions, on the other hand, the bullish trend remains the main dominant trend with the trading alongside supportive trend line.

 

 

Forecast update for Bitcoin -06-02-2026

Economies.com
2026-02-06 12:21PM UTC

BTCUSD price rose carefully in its last intraday trading, taking advantage of the stability of $60,000 main support, gaining bullish momentum to attempt to recover some of of its previous losses, while its succeeded in offloading some previous losses, while it offloaded its oversold conditions on relative strength indicators, especially with the emergence of positive signals from there, amid the continuation of the negative pressure due to its trading below EMA50, under the dominance of the main bearish trend on short-term basis, and its trading alongside steep minor trend line.

 

 

 

Forecast update for crude oil -06-02-2026

Economies.com
2026-02-06 12:17PM UTC

The price of (crude oil) declined in its last intraday trading, surpassing EMA50’s support, putting it under an intraday negative pressure that makes it deepened these losses in the upcoming period, on the other hand, the price remains benefited from its trading alongside bullish trend line on short-term basis, with the emergence of positive signals from relative strength indicators, after reaching oversold levels.

 

 

 

 

Forecast update for silver -06-02-2026

Economies.com
2026-02-06 12:14PM UTC

 

The price of (silver) rose during its last intraday trading, supported by the emergence of the positive signals from relative strength indicators, after reaching oversold levels, attempting to recover some previous losses, amid the continuation of the negative pressure due to its trading below EMA50, reinforcing the stability and dominance of the bearish corrective trend on short-term basis, amid the trading alongside steep trend line.