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

Forecast update for crude oil -05-03-2026

Economies.com
2026-03-05 11:01AM UTC

The price of (crude oil) declined in its last trading on the intraday basis, due to the stability of the key resistance at $77.35, to gather the gains of its previous rises, attempting to gain bullish momentum that might help it to breach this resistance, amid the continuation of the dynamic support that is represented by its trading above EMA50, reinforcing the dominance of the main bullish trend on short-term basis, especially with the emergence of positive signals from relative strength indicators.

 

 

 

Forecast update for silver -05-03-2026

Economies.com
2026-03-05 10:59AM UTC

The price of (silver) is experiencing fluctuating trading on its last intraday levels, affected by the emergence of the positive signals from relative strength indicators, with the continuation of the negative pressure due to its trading below EMA50, which represents dynamic resistance that reduced the chances of full recovery on the short-term basis, affected by breaking bullish corrective trend line on short-term basis.

 

 

 

Forecast update for gold -05-03-2026.

Economies.com
2026-03-05 10:55AM UTC

The price of gold declined in its last intraday trading, with the continuation of the negative pressures due to its trading below EMA50, which represents dynamic resistance that obstructed the recovery attempts in the last period, accompanied by breaking bullish trend line on short-term basis, reinforcing the negative overview, on the other hand, we notice the emergence of some positive signals from relative strength indicators, which limited the last losses and prevented recording deeper downside moves.

 

 

Forecast update for EURUSD -05-03-2026.

Economies.com
2026-03-05 10:51AM UTC

The price of EURUSD is experiencing fluctuating trading on its last intraday levels, amid the emergence of the negative signals from relative strength indicators, after reaching overbought levels, with the continuation of the negative pressure due to its trading below EMA50, confirming the dominance of the main bearish trend on short-term basis, especially with its trading alongside supportive trend line for this path.