The (Brent) price declined in its last trading on the intraday levels, by negative pressure from its trading below EMA50, to attempt to look for a rising low to take as a base to help it recover, especially with its trading alongside a main bullish trend line on the short-term basis, beside the (RSI) reach to exaggerated oversold levels compared to the price move, which suggest forming a positive divergence.
The (silver) price declined in its last intraday trading, to attempt to look for a rising low to take it as a base that might assist it to gain the required positive momentum to recover, amid the dominance of the main bullish trend on the short-term basis and its trading alongside a bias line, with the continuation of the positive pressure due to its trading above EMA50, to notice that the (RSI) indicators have reached oversold levels, which suggest the beginning of forming a positive divergence.
The (USDCHF) price declined in its last intraday trading, amid its move in limited range to gain the required bullish momentum to rise and attack the stubborn and critical resistance at 0.7985, amid the continuation of the dynamic support that is represented by its trading above EMA50, reinforcing the stability of the positive scenario in the last period, especially with the trading alongside a bullish correctional trend line on the short-term basis, with the emergence of the positive signals on the (RSI), after reaching oversold levels.
The (NZDUSD) price declined in its last intraday trading, preparing to break the critical support at 0.5975, amid the continuation of the negative pressure due to its trading below EMA50, and under the main bearish trend dominance on the short-term basis, and its trading alongside a bias line, to notice that the (RSI) indicators have reached exaggerated overbought levels compared by the price move, intensifying the negative pressure on it.