GBPUSD rose in its last intraday trading, after breaking our previously expected target at1.3550 support, attempting to recover some of its previous losses, and attempting to offload some of its oversold conditions on relative strength indicators, especially with the emergence of positive signals from there, amid the dominance of steep bearish wave on short-term basis, with the continuation of the negative pressure due to its trading below EMA50, intensifying the negative pressure around the price.

Bitcoin’s price settles on limited gains in its last intraday trading, after reaching our last expected target at $64,000 support, to witness bullish rebound to recover some of its previous losses. This intraday improvement is supported by the relative strength indicators attempt to offload its clear oversold conditions, especially with the emergence of positive signals from there, providing temporary support for the price.

The overall technical scenario remains bearish on a near-term basis, amid the continuation of the trading below EMA50, which represents a dynamic resistance that limits the strength of the recovery, and the main bearish trend remains dominant with the price moves alongside steep bearish trend line.

Therefore, we suggest a decline in BTCUSD in its upcoming intraday trading, especially when breaking the mentioned support at $64,000, to target the main support at $60,000

Expected trading range is bewteen$60,000 support and $70,000 resistance.

Today’s forecast: Bearish

Crude oil prices rose in their last intraday trading, taking advantage of its leaning on EMA50’s support, which provided solid base that helped it to rebound higher and reduced its previous losses, which reinforced the positive stability of the price on an intraday basis.

This performance comes amid the dominance of the main bullish trend on short-term basis, with the continuation of trading alongside supportive trendline, which indicates the stability of the bullish momentum, accompanied by the positive signals from relative strength indicators after reaching oversold levels, which supports the recovery continuation scenario and attempts to resume the upside track in near-term basis.

Therefore, we expect crude oil to rise in upcoming intraday trading, especially if it settles above $63.50 resistance, to target $66.00 key resistance.

The expected trading range for today is between $62.00 support and $65.00 resistance.

Today’s forecast: Bullish

Silver prices (SILVER) rebounded higher in their recent intraday trading, after breaking our previously suggested target at $73.00 key support, this rebound represents an attempt to recover the last losses and absorb the strength of the dominant selling pressure.

The price is attempting to offload its clear oversold conditions on relative strength indicators, especially with the emergence of positive signals from there, which supports this intraday rebound, however the overall scenario prefers the negativity on a short-term basis, amid the dominance of the main bearish trend and the continuation of the trading below EMA50, which intensifies the negative pressures.

Accordingly, we suggest a decline in sliver’s upcoming intraday trading, especially if it settles below $73.00, to target the next support at $64.00.

The expected trading range is between $64.00 support and $80.00 resistance.

Today’s forecast: bearish