Brent crude oil fluctuated in its recent intraday trading, attempting to gain bullish momentum that might help it to breach main baerish trend line on the short-term basis, accompanied by its attempt to offload the overbought conditions on the relative strength indicators, especially with the emergence of the negative signals from them, amid the dominance of strong bullish corrective wave on the intraday levels, besides a positive dynamic support that is represented by its trading above EMA50, reinforcing the chances of extending the gains in the upcoming near period.

The USDCHF pair declined in its last intraday trading, with the emergence of the negative signals from the relative strength indicators, after reaching overbought levels, attempting to gain bullish momentum that might help it to recover and rise again, leaning on EMA50’s support, as a strong chance for gaining this momentum, especially with the dominance of the main bullish trend on the short-term basis, with its trading alongside supportive trend line for this path.

(NZDUSD) rose in its recent intraday trading, reaching 0.5725 resistance level, which was an expected target in our previous analysis, benefiting from the bullish momentum due to its trading above EMA50, reinforcing the stability and dominance of the bullish corrective trend on the short-term basis, with its trading alongside supportive trend line for this path, noticing the emergence of positive signals on the relative strength indicators.

(AUDUSD) rose in its latest intraday trading, benefiting from the dynamic support that is represented by its trading above EMA50, providing renewed momentum that reinforces the chances of extending these gains in the upcoming near period, to confirm breaching a minor bearish trend line on the short-term basis, noticing the emergence of the positive signals from the relative strength indicators.