The (GBPUSD) price rose in its last intraday trading, preparing to attack the stubborn critical resistance level at 1.3440, amid the dominance of the main bullish trend on the short-term basis and its trading alongside a bias line, with the continuation of the positive pressure due to its trading above its EMA50, besides the emergence of the positive signals on the (RSI), after reaching oversold levels.

The (BTCUSD) price witnessed fluctuated trading in its last intraday trading, attempting to gain the required positive momentum to resume its bullish track and begin a new rising wave.

This comes with the price attempt to offload some of its clear overbought conditions on the (RSI), especially, with the beginning of the negative signals appearance on the (RSI), and the main bullish trend remains the dominant on the price trading on the short-term basis, and its trading alongside a minor supportive bias line.

Therefore, our expectations suggest more of the upside movements in (BTCUSD) prices in the upcoming intraday trading, if it remains stable above $110.000, targeting its next resistance at $114,000.

The expected trading range is between $108,000 support and $114,000 resistance.

Today’s forecast: Bullish

The (Crude oil) price declined in its last intraday trading, affected by surpassing a bullish correctional channel that was supporting its previous moves on a short-term basis, which increased the selling pressure on the price.

This decline came due to the continuation of the trading below the EMA50, indicating clearly the continuation of the negative behavior of the price, after it succeeded in its previous trading in offloading its oversold conditions on the (RSI).

Therefore, our expectations suggest the decline in (crude oil) prices in the upcoming intraday trading, if it settles below $61.25, to target the support level at $60.00, and there are strong chances for breaking it.

The expected trading range is between $60.00 support and $61.80 resistance.

Today’s forecast: Bearish

The (gold) price rose slightly in its last intraday trading, taking advantage of its stability alongside a minor bullish bias line on the short-term basis, amid the continuation of its moves above its EMA50, keeping the positive momentum valid on the near term basis.

The beginning of positive overlapping signals appearance on the (RSI), reinforces this suggestion, after reaching exaggerated oversold levels compared by the price move, indicating the possibility for forming a positive divergence that supports the recovery chances and the continuation of the rise in the upcoming trading.

Therefore, our expectations suggest more of the upside movements in (Gold) prices in the upcoming intraday trading, if it settles above $3,300, to target the resistance level at $3,350.

The expected trading range is between $3,250 support and $3,350 resistance.

Today’s forecast: Bullish