The (Brent) price settled high in its last trading on the intraday levels, after the return of the trading alongside main bullish trend line on the short-term basis, to get rid of the negative pressure of EMA50, noticing the beginning of negative overlapping signals appearance on the (RSI), after reaching overbought levels, which puts pressure on the price full recovery.
The (silver) price settled high in its last intraday trading, taking advantage of the dynamic support that is represented by its trading above EMA50, and under the dominance of the main bullish trend on the short-term basis and its trading alongside a bias line, besides the emergence of the positive signals on the (RSI), despite reaching overbought levels.
The (USDCHF) price rose strongly in its last intraday trading, approaching from retesting the critical resistance at 0.5965, supported by the emergence of the positive signals on the (RSI), to notice reach overbought levels, indicating a possible decline amid the continuation of the negative pressure, due to its trading below EMA50, and under the dominance of the bearish correctional trend on the short-term basis and its trading alongside a bias line.
The (NZDUSD) price rose strongly in its last intraday trading, approaching from retesting the critical resistance at 0.5965, supported by the emergence of the positive signals on the (RSI), to notice reaching overbought levels, which indicates the decline of the bullish momentum, amid the continuation of the negative pressure due to its trading below EMA50, and under the dominance of the bearish correctional trend on the short-term basis and its trading alongside a bias line.