GBPUSD witnessed positive fluctuating trading on its last intraday levels, after leaning on 1.3365 key support, which represented an expected target in our previous analysis, gaining bullish momentum that reinforced by the emergence of positive signals from the relative strength indicators, after reaching oversold levels, to attempt to recover some previous losses.

This comes amid the continuation of the negative pressure due to its trading below EMA50, reinforcing the main bearish trend on short-term basis, especially with its trading alongside supportive trend line for this track. 

Bitcoin’s price (BTCUSD) settles on clear gains in its recent intraday trading, after breaching $68,000 resistance, in technical signals that reinforces the strength if the current bullish momentum, leaning on a key dynamic support that is represented by its stability above EMA50, supporting the continuation of the dominant bullish correction on short-term basis.

This positive overview is reinforced by the emergence of positive signals from relative strength indicators, despite reaching sharp overbought levels, indicating the strength of the current momentum, with the possibility of a temporary pullback remaining in play if profit-taking intensifies. 

Therefore, we suggest a rise in BTCUSD in its upcoming intraday trading, conditioned by its stability above $68,000, to target the next resistance at $72,000.

Expected trading range is bewteen$66,000 support and $72,000 resistance.

Today’s forecast: Bullish

Crude oil witnessed fluctuated trading on their last intraday levels, with the emergence of negative signals from relative strength indicators, reflecting a state of caution and partial profit-taking after previous bullish waves.

Despite these signals, the price remains leaning on a key dynamic support that is represented by its stability above EMA50, reinforcing the stability of the main bullish trend on short-term basis. Crude oil is attempting to gather its bullish momentum, paving the way for targeting new resistance levels in near period, if it keeps its trading above its current support levels.

Therefore, we suggest a rise in crude oil prices in upcoming intraday trading, if $67.00 support settles, to target $75.00 resistance.

The expected trading range for today is between $69.00 support and $75.00 resistance.

Today’s forecast: Bullish

Silver prices rose in the last intraday trading, after it leaned on EMA50’s support, accompanied by testing $86.00 support, forming double technical support that provided clear bullish momentum and helped the price to rebound quickly and recover.

This improvement comes amid the continuation of the bullish corrective trend dominance on short-term basis, supported by the emergence of positive overlapping signals on relative strength indicators, after reaching sharp oversold levels, reinforcing the likelihoods of continuing the upside track in the near period unless selling pressures appear to retest support levels.

Accordingly, we suggest a rise in sliver’s upcoming intraday trading, if $92.00 support settles, to target the psychological main resistance at $100.00.

The expected trading range is between $86.00 support and $100.00 resistance.

Today’s forecast: Bullish