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

Forecast update for crude oil -16-01-2026

Economies.com
2026-01-16 12:13PM UTC

 

The price of (crude oil) surged higher on its last intraday levels, due to its leaning on EMA50’s support, gaining bullish momentum with the emergence of positive signals from relative strength indicators, after forming positive divergence by the surrounding bullish momentum, amid the dominance of the main bullish trend on a short-term basis.

Forecast update for silver -16-01-2026

Economies.com
2026-01-16 12:11PM UTC

 

The price of (silver) rose slightly in its last intraday trading, preparing to attack the solid resistance at $92.00, amid the continuation of the dynamic pressure that is represented by its trading above EMA50, reinforcing the dominance and stability of the main bullish trend on a short-term basis, especially with its trading alongside supportive trend line, accompanied by the relative strength indicators reach to oversold levels, exaggeratedly compared to the price move, to approach a new bullish momentum that might support its rise in the upcoming period.

Forecast update for gold -16-01-2026.

Economies.com
2026-01-16 11:59AM UTC

The price of gold continued its fluctuating trading in its last intraday levels, attempting to record new all- time highs, to keep the main bullish trend on the short-term basis, amid ist trading alongside main trend line with its trading within minor channel’s range that supports this trend, besides the continuation of the dynamic support that is represented by its trading above EMA50, reinforcing the chances of the price recovery on the near-term basis, especially with the emergence of positive overlapping signals from the relative strength indicators, after reaching oversold levels.

 

 

Forecast update for EURUSD -16-01-2026.

Economies.com
2026-01-16 11:56AM UTC

The price of EURUSD rose in its last intraday trading, to attempt to recover some previous losses, offloading its oversold conditions on the relative strength indicators, to enter exaggerated overbought levels compared to the price, indicating a quick decline for this bullish momentum, amid the continuation of the negative pressure due to its trading below EMA50, with its trading on the short-term basis.