The (Brent) price declined in its last intraday trading, gathering the gains of its last rises, attempting to gain a positive momentum that might assist it to rise again, and it is attempting to offload some of its clear overbought conditions on the (RSI), especially with the beginning of the negative signals appearance from it, this comes after the price success to breach the critical resistance level at $67.75, supported by its continuous trading above its EMA50, and under the dominance of the main bullish trend and its trading alongside a bias line.
The (silver) price rose in tight range in its intraday trading, amid a dominance of the main bullish trend on the short-term basis and its trading alongside a bias line, taking advantage of the continuous dynamic support in its trading above its EMA50, besides the beginning of forming a positive divergence pf the (RSI), after reaching oversold levels, with the beginning of the positive signals appearance from it.
The (USDCHF) price declined sharply in its last intraday trading, to break the support level at 0.8185, increasing the negative pressure on it, especially with the dominance of the bearish correctional trend on the short-term basis and its trading alongside a bias line, with the continuation of its trading below its EMA50, forming a dynamic resistance that prevent the price rise, besides the emergence of the negative signals on the (RSI), despite reaching oversold levels.
The (NZDUSD) price settled low in its last intraday trading, after surpassing the support of its EMA50, facing negative pressure with its attempts to look for a higher low to take it as a support that assist it to recover and rise again, amid the dominance of the main bullish trend on the short-term basis and its trading alongside a bias line, with the (RSI) reaching oversold levels, which suggest the beginning of forming positive divergence.