The (crude oil) declined in its last intraday trading, in a correctional move that targets catching breath before resuming the rise, where it attempts to gain the required positive momentum to attack the stubborn critical resistance at $63.50.

The decline comes within the trading alongside a bullish correctional bias on the short-term basis, with the continuation of the upcoming bullish support from its trading above EMA50, besides the emergence of positive signals from the (RSI) after exiting the oversold levels, reinforcing the possibilities of resuming the decline again.

Therefore, our expectations suggest a rise in (crude oil) prices in the upcoming intraday trading, conditioned by the breaching the mentioned resistance at $63.50 to confirm its bullish momentum to reach its initial resistance at $64.75.

The expected trading range is between $61.80 support and $64.10 resistance.

Today’s forecast: Bullish

The (GBPUSD) price declined in its last intraday trading, due to the stability of the key resistance at 1.3585, in attempt to gain a positive momentum that might assist it to breach this resistance, and attempts to offload its clear overbought conditions on the (RSI), especially with the emergence of the negative signals, amid the dominance of the main bullish trend and its trading alongside a minor bias line on the short-term basis, with the continuation of the positive support that comes from its trading above its EMA50.

The price of Bitcoin (BTCUSD) has slipped lower during its recent intraday trading, reaching our morning target at the support level of $101,000. Continuing its bearish correctional move on the short-term basis, trading alongside a bias line

This decline comes amid continued negative pressure from the price trading below the 50, besides the emergence of the negative signals on the (RSI), despite its stability in a deep oversold level, indicating the weakness of the bullish momentum, and increases the possibilities to the bearish correctional extensions unless showing clear rebounding signals.

Based on this, our scenario suggests a decline in Bitcoin’s price during the upcoming intraday sessions, especially if it breaks below the key support at $101,000, to make its next target at the support level at $98,000.

The expected trading range is between $99,000 support and $103,000 resistance.

Today’s forecast: Bearish

The (Gold) price settles low in its last intraday trading, after breaching the critical resistance at $3,365 temporarily, before losing the momentum and returns to decline again, affected by the appearance of negative signals on the (RSI) after reaching overbought levels.

Despite this decline, the main trend remains bullish on the short-term basis, and it remains within a minor bullish channel’s range, getting dynamic support from its trading above the EMA50, providing a new chance for gathering its positive strength and attempts to resume the bullish wave.

Therefore, our expectations suggest a rise in (Gold) prices in the upcoming intraday trading, especially if the price settles above $3,365, to target its next resistance at $3,435.

The expected trading range is between $3,330 support and $3,435 resistance.

Today’s forecast: Bullish