GBPUSD declined in its last trading on intraday basis, after breaching our expected target at 1.3780 resistance, to gather the gains of its previous rises, attempting to offload some of its overbought conditions on relative strength indicators, especially with the emergence of negative signals from there, to gather its bullish strength that might help it to resume its strong gains, amid the dominance of the main bullish trend on short-term basis.

Bitcoin’s price reinforced its gains during its last intraday trading, benefiting from the positive strength from relative strength indicators, after offloading its overbought conditions due to its previous moves, opening the way for extending this last rise.

The price managed to reach the resistance of EMA50, attempting to decrease the negative pressure, however the main trend remains bearish on a short-term basis, with the continuation of the trading alongside supportive trend line for this negative trend, keeping the cautious valid despite the intraday improvement.

Therefore, our expectations suggest a rise in BTCUSD in its upcoming intraday trading, especially if it settles above $88,000 support, to target $90,000 resistance.

Expected trading range is bewteen$87,500 support and $91,000 resistance.

Today’s forecast: Neutral

Crude oil prices kept rising in their last intraday trading, to reach our expected target at $62.00 key resistance. This breach is supported by trading above EMA50, reinforcing the stability and dominance of the main bullish trend on short-term basis.

Meanwhile the price is moving alongside supportive minor trend line for this bullish trend, with the emerging of positive signals from relative strength indicators, indicating the strength of the bullish momentum, and keeps the chances of keeping the gains valid in the upcoming period.

Therefore, we expect crude oil to rise in upcoming intraday trading, by holding above $62.00, to target initial resistance at $63.00.

The expected trading range for today is between $61.00 support and $63.00 resistance.

Today’s forecast: Bullish

Silver prices (SILVER) rose during recent intraday trading, positioning themselves to attack the current resistance level at $115.00, which had been a price target in our previous analyses. This positive move is supported by the price continuing to trade above EMA50, reinforcing the stability of the main short-term uptrend.

At the same time, relative strength indicators continue to send positive signals supporting this path, especially as prices move alongside key and minor bullish trend lines. This reflects solid bullish momentum and keeps the chances of targeting higher levels in upcoming period.

Accordingly, we suggest a rise in sliver’s upcoming trading on an intraday basis, especially when breaching $115.00 resistance, to target its next resistance at $122.00.

The expected trading range is between $107.00 support and $122.00 resistance.

Today’s forecast: Bullish