The (Brent) price kept declining in its last intraday trading, approaching from leaning on EMA50’s support, which reinforces the chances of gaining the required bullish momentum for its recovery and rising again, amid the dominance of the main bullish trend on the short-term basis, with the beginning of forming positive divergence on the relative strength indicators, after reaching oversold levels, exaggeratedly compared to the price move, with the emergence of positive overlapping signals.

Silver price declined in its last intraday trading, due to the stability of the solid resistance at $92.00, to attempt to gain bullish momentum that might help it to breach this resistance, amid the continuation of the dynamic support that is represented by its trading above EMA50, reinforcing the stability and dominance of the main bullish trend on short-term basis, with its trading alongside trend line, besides the emergence of positive signals from relative strength indicators, after offloading its overbought conditions, opening the way for extending its gains on a near-term basis.

The (USDCHF) price fluctuated on its last intraday level, to keep its last gains after breaching the key resistance at 0.8015, amid the dominance of the bullish corrective trend on short-term basis with its trading alongside trend line, besides the continuation of the dynamic positive pressure due to its trading above EMA50, on the other hand, we notice the emergence of negative signals from relative strength indicators, after reaching overbought levels, which reduced the last gains.

The (NZDUSD) price rose in its last intraday trading, supported by the emergence of positive signals from the relative strength indicators, with the stability of 0.5740 support, gaining some bullish momentum, despite this performance, the pair remains under negative pressure due to its trading below EMA50, with its trading within bearish corrective channel’s range on short-term basis, keeping the bearish scenario valid in the upcoming period.