The (Brent) price declined in its last intraday trading, amid the continuation of the negative pressure that comes from its trading below its EMA50, to surpass the key support at $63.20, which will form a dividing point in the price intraday trading especially when breaking it, the beginning of positive overlapping signals appearance on the (RSI) makes us wait for this break, after reaching oversold levels, which might decelerate the losses temporarily.
The (silver) price declined slightly in its last intraday trading, with the beginning of the negative signals emergence on the (RSI), after reaching overbought levels, attempting to gain a positive momentum that might assist it to recover and rise again, amid the continuation 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.
The (USDCHF) price declined in its last intraday trading, amid the dominance of the main bearish trend and its trading alongside a minor bias line on the short-term basis, with the continuation of the negative pressure that comes from its trading below its EMA50, to lean below the critical support at 0.8195, which assisted it to settle and bounce higher to shrink some of its early losses, especially with the emergence of positive overlapping signals on the (RSI), after reaching oversold levels.
The (NZDUSD) price declined in its last intraday trading, with the emergence of the negative signals on the (RSI), after reaching overbought levels, attempting to offload some of its clear overbought condition, to gather its positive strength that might assist it to recover and rise again, amid the continuation of the dynamic support in its trading above EMA50, and under the bullish trend dominance and its trading alongside a minor bias line on the short-term basis.