The (GBPUSD) price declined in its last intraday trading, to break a minor bullish trend line on the short-term basis, which forced it to surpass the support of its EMA50, increasing the negative pressure on the pair, especially after it success in offloading some of its oversold conditions on the (RSI), which opens the way for recording more of the downside moves.

The (Bitcoin) rose in its last intraday trading, supported by the stability of the key support at $106,550, accompanied by testing a main bullish trend line on the short-term basis, which provided positive momentum that assisted it to rebound higher, this comes with the beginning of forming a positive divergence on the (RST) after reaching sharp oversold levels, reinforcing the chances for continuing the bullish track on the near-term basis.

The price might face some obstacles in its way for full recovery, due to the continuation of the negative pressure that comes from its stability below its EMA50.

Therefore, our expectations suggest the upside movements in (Bitcoin) prices in the upcoming intraday trading, conditioned by the stability of the support at $106,550, to target the key resistance at $110,000, and there are chances to breach it.

The expected trading range is between $105,000 support and $110,000 resistance.

Today's forecast: Bullish

The (crude oil) rose in its last intraday trading, supported by the domination of the bullish correctional trend on the short-term basis, and its move alongside a bias line that reinforces the positive momentum, which might assist the price to settle and rise, especially with the emergence of the positive signals on the (RSI).

At the same time the price managed to surpass the negative pressure that comes from the EMA50, reinforcing the chances for the extension of the bullish move on the intraday basis, supporting the bullish scenario in its upcoming trading, unless there is something reversing these technical signals.

Therefore, our expectations suggest more of the upside movements in (crude oil) prices in the upcoming intraday trading, if the support level settles at$60.00, to target the critical resistance level at $64.00.

The expected trading range is between $61.00 support and $64.00 resistance.

Today's forecast: Bullish

The (Gold) price suffered sharp losses in its last intraday trading, after breaking a minor bullish trend line on the short-term basis, opening the way towards more of the selling pressures, especially with the emergence of the negative signals on the (RSI).

This decline accelerated with breaking the support of its EMA50, to confirm the weakness of the positive momentum and ease the way towards more potential bearish moves on the near-term basis.

Therefore, our expectations suggest more of the downside movements in (Gold) prices in the upcoming intraday trading, especially if it remains stable below $3,280, to target the support at $3,210.

The expected trading range is between $3,210 support and $3,300 resistance.

Today’s forecast: Bearish