GBPUSD rose in its last intraday trading, amid the dominance of the main bearish trend on short-term basis, with its trading alongside supportive trend line for this path, besides the continuation of the negative pressure due to its trading below EMA50, reducing the chances of full recovery on near-term basis, especially with the relative strength indicators, exaggeratedly compared to the price move, indicating a beginning of negative divergence.

Bitcoin’s price (BTCUSD) slipped lower in its recent intraday trading, and it remains under the dominance of clear selling pressures, amid its stability below EMA50, indicating the continuation of the negativity on its moves, under the dominance of the main bearish trend on short-term basis, reaching previously expected target in our previous analysis at $65,000 support.

This movement is accompanied by the emergence of negative signals from relative strength indicators, despite reaching sharp oversold levels, indicating the weakness of the overbought momentum.

Crude oil prices declined in a corrective move resembling a repositioning phase to gain fresh momentum, paving the way for a renewed upward move. This pullback occurs within a healthy framework that does not alter the overall technical structure, as the price continues trading above its EMA50, maintaining dynamic support and reinforcing the short-term bullish trend. 

A positive crossover on relative strength indicators appears after offloading the previous overbought condition, giving room to regain upward momentum. The positive outlook remains likely if the price holds its dynamic support. 

We suggest a rise in crude oil prices during upcoming intraday trading, especially above $65.35 support, targeting $67.70 resistance. 

The expected trading range for today is between $64.35 support and $67.70 resistance.

Today’s forecast: Bullish

Silver prices kept rising in their last intraday trading, attacking the previous suggested target in our previous analysis at $86.00 resistance, indicating that the price remains aligned with the bullish scenario, with growing buying appetite, supported by a solid technical structure that reinforces the chances of the continuation of the bullish rally on near-term basis.

Accompanied by the dominance of clear bullish wave on short-term basis, where the price moves alongside supportive trend line for this track, besides the continuation of the trading above EMA50, providing dynamic support that reinforces the bullish trend, so holding above the current resistance might open the way for recording new highs.