Silver prices (SILVER) declined in their recent intraday trading, amid the dominance of the bearish trend on short-term basis, and it remains under clear negative pressure due to its stability below EMA50, which weakens the likelihoods of any sustainable recovery.

Accompanied by the beginning of forming negative divergence on relative strength indicators after reaching overbought levels, besides the emergence of negative overlapping signals that reinforces the bearish pressures and supports the bearish scenario.

Accordingly, we suggest a decline in sliver’s upcoming intraday trading, especially if $86.30 resistance settles, to target $74.00 support.

The expected trading range is between $74.00 support and $86.30 resistance.

Today’s forecast: Neutral

Gold prices declined in recent intraday trading, with the emergence of negative signals from relative strength indicators, after reaching sharp overbought levels, indicating a clear attempt to offload these conditions besides gathering the gains of previous bullish wave and calming the intense of the rally.

Despite this decline, the chances remain valid strongly, especially with the stability above $5,000 psychological resistance, and the dominance of minor bullish wave on short-term basis, supported by the trading alongside bullish trend line, besides the dynamic support of the trading above EMA50, which might push the price to resume its rise.

Therefore, we suggest a rise in gold prices' upcoming intraday trading, if it settles above $5,000, to target $5,300 resistance. The expected trading range is between $4,900 support and $5,200 resistance.

Today’s forecast: Bullish

The (EURUSD) price declined slightly in its last intraday trading, keeping its strong gains, in natural profit-taking phase and attempting to take a breather after the previous bullish wave, accompanied by the price attempt to offload its overbought conditions on relative strength indicators, especially with the emergence of negative overlapping signal.

Despite this limited decline, the bullish overview remains valid, supported by the double bottom pattern on short-term basis, besides the continuation of the trading above EMA50, which provides dynamic support that reinforces the likelihoods of regaining momentum and resume the rise again.

Therefore, we suggest a rise in (EURUSD)price’s upcoming intraday trading, if it settles above 1.1900 resistance to target its next resistance at 1.1970.

The expected trading range is between 1.1865 support and 1.1970 resistance.

Today's forecast: Bullish

The (BTCUSD) price settles on a decline in its last intraday trading, amid the continuation of the negative pressure due to its trading below EMA50, reinforcing the strength and stability of the main bearish trend on short-term basis, accompanied by the emergence of negative signals from relative strength indicators, despite reaching exaggerated oversold levels compared to the price move, indicating a quick decline for the negative pressure around the price, which might push it to fluctuate in near-term basis.