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Forecast update for crude oil -17-06-2026

Economies.com
2026-06-17 10:29AM UTC

 

 

Crude Oil prices settled in its last intraday levels, supported by the emergence of the positive signals from the relative strength indicators, after reaching oversold levels, attempting to offload some of this oversold conditions and recover part of previous losses, amid the continuation of the negative pressure due to its trading below EMA50, under the dominance of the main bearish trend on the short-term basis.

Forecast update for Ethereum -17-06-2026

Economies.com
2026-06-17 10:38AM UTC

 

 

Ethereum (ETHUSD) declined during recent intraday trading, affected by the stability of the key resistance at $1,800, with the emergence of the negative signals from the relative strength indicators, attempting to gain bullish momentum that might help it to breach this resistance, amid the continuation of the dynamic pressure that is represented by its trading above EMA50, which reinforces the dominance and stability of the bullish corrective trend on the short-term basis, with the trading alongside supportive trend line for this path.

Forecast update for Brent -17-06-2026

Economies.com
2026-06-17 10:36AM UTC

 

Brent crude oil prices fluctuated in its last intraday trading, attempting to offload its oversold conditions on the relative strength indicators, with the emergence of positive signals from them, attempting to recover some previous losses, amid the dominance of the main bearish trend on the short-term, with its trading below EMA50, representing extra negative pressure.

Forecast update for Bitcoin -17-06-2026

Economies.com
2026-06-17 10:33AM UTC

 

 

Bitcoin (BTCUSD) declined in its last intraday trading, attempting to look for a rising low to use it as a base that might help it to gain the required bullish momentum for its recovery, amid the dominance of the bullish corrective trend on the short-term, with the trading alongside supportive trend line for this path, besides the continuation of the dynamic support that is represented by its trading above EMA50, noticing that the relative strength indicators reach to oversold levels, exaggeratedly compared to the price move. Forming positive divergence reinforces the chances of price recovery in the upcoming near period.