The (Brent) price settled in its last intraday trading, amid the dominance of the main bearish trend on the short-term basis and its trading alongside supportive trend line for this trend, with the emergence of the negative signals on the relative strength indicators, after reaching overbought levels, to surpass the support of its EMA50, to reinforce the chances of the price decline on the near-term basis.

Silver price kept rising in its last intraday trading, surpassing the resistance of its EMA50, getting rid of its negative pressure amid the dominance of the main bullish trend and its trading alongside minor trend line on the short-term basis on the short-term basis, on the other hand, we notice the emergence of negative overlapping signals on the relative strength indicators after reaching overbought levels, which might reduce the upcoming gains of the price.

The (USDCHF) price extended its gains in its last intraday trading, affected by breaching bearish trend line on the short-term basis, to surpass the resistance of its EMA50, surpassing the negative pressure, supported by the emergence of the positive signals on the relative strength indicators, despite reaching overbought levels.

The (NZDUSD) price slipped lower in its last intraday trading, to break the support of bullish corrective channel’s support that limited its previous trading on the short-term basis, accompanied by surpassing the support of its EMA50, intensifying the negative pressure on the pair, especially with the emergence of the negative signals on the relative strength indicators, after reaching overbought levels.