Brent crude oil attempts to gain positive momentum - Analysis- 31-03-2026

The USDCHF pair declined slightly during recent intraday trading, affected by the firmness of the 0.7990 resistance level. The relative strength indicators moved from previously overbought levels into deeply oversold territory relative to price action, signaling a potential buildup of positive momentum that could help the pair break above this resistance.

The NZDUSD pair rose during recent intraday trading, supported by positive signals from the relative strength indicators after reaching deeply oversold levels. The pair also benefited from the firmness of the 0.5700 support level, which had previously been identified as a price target, allowing it to recover part of its earlier losses.

The AUDUSD pair rose during recent intraday trading, supported by the firmness of the 0.6850 level, as it attempts to recover part of its previous losses. At the same time, the pair is working to ease its oversold conditions on the relative strength indicators, with the emergence of positive signals.