GBPUSD kept declining in its recent intraday trading, due to the stability of the key resistance at 1.3440, attempting to look for higher low to use it as a base that might help it to gain the required bullish momentum for its recovery, reaching bullish corrective trend line on the short-term basis, amid the continuation of the positive support due to its trading above EMA50, reinforcing the chances of a near term recovery, exaggeratedly compared to the price move, which suggest forming positive divergence.

(BTCUSD) declined during its latest intraday trading after failing to breach the key resistance level at $64,400, which held firm and triggered a pullback, with the emergence of negative signals from the relative strength indicators, adding selling pressure on the near term.

Despite the decline, the price leans on a corrective bullish trend line, suggesting an attempt to regain positive momentum and retest the resistance level. Bitcoin also remains supported by EMA50, which continues to provide dynamic support. IF the price holds above current support levels, the chances of a renewed recovery and a breakout above resistance remain intact.

Crude Oil surged during its latest intraday trading, supported by its stability on EMA50’s support, which provided a solid technical base and helped the price regain positive momentum.

The rally was supported by positive signals from the relative strength indicators, which formed a bullish divergence after reaching deeply oversold levels. Reinforcing the chance for a recovery, while the short-term corrective bullish wave remains dominant. If the price holds above the moving average and key support levels, the bullish outlook remains valid.

Silver declined during its latest intraday trading, as continued trading below EMA50 kept negative pressure valid, which continues to act as dynamic resistance, limiting the chances of a bullish recovery.

These moves coincide with the ongoing dominance of the main short-term bearish trend, moving alongside supportive trendline for this path. In addition, the relative strength indicators continue to show negative signals, increasing the likelihood of further selling pressure and reducing the prospects for a near-term rebound unless key resistance levels are reclaimed.