GBPUSD kept declining in its recent intraday trading, after breaking short term negative formation that is represented by the rising wedge pattern, and the price suffers from its ongoing trading below EMA50, which intensifies the negative pressure and suggest more downside moves in the near upcoming period, especially with the emergence of the negative signals from the relative strength indicators, despite its stability in oversold levels.

(BTCUSD) rose during its recent intraday trading, attempting to recover part of its previous losses, attempting to offload its oversold conditions on the relative strength indicators, with the emergence of a bullish crossover taht provided limited support to the price.

Despite this improvement, the technical outlook remains cautious after the price broke below a short-term ascending trendline, with the trading below EMA50 which represents a dynamic resistance level and limits the prospects for a full recovery. Therefore, any current rise is still viewed as a corrective move unless the price manages to reclaim key technical resistance levels.

Crude Oil continued to rise in its recent intraday trading, reaching the key resistance level of $79.00, which was our last target in previous analysis, benefiting by the continuation of the short-term corrective bullish wave.

The price is supported by its trading above EMA50, which is acting as dynamic support and reinforcing bullish momentum. At the same time, the relative strength indicators continue to generate positive signals despite reaching deeply overbought levels. Which may cause some slowness or profit-taking on the short-term basis, the corrective bullish trend remains intact if the price remains above key support levels.

Silver continued its decline in its recent intraday trading, reaching the key support of $57.00, which was our last expected targets, amid the continuation of the dominant short-term bearish trend.

The price continues to move along a bearish trendline, accompanied by trading below EMA50, which acts as dynamic resistance that limits the chances of a near-term recovery. These technical factors keep selling pressure intact, suggesting the continuation of the bearish trend, especially when breaking the current support.