The (Brent) price rose in its last intraday trading, due to the stability of the critical support at $66.00, gaining positive momentum that helped it to achieve these cautious gains, attempting to recover some of its previous losses, amid the dominance of the main bearish trend and its trading below EMA50, besides the emergence of negative overlapping signals on the (RSI), after reaching overbought levels, exaggeratedly compared to the price movement.
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The (silver) price rose in its last trading on the intraday levels, due to its lean on the support of its EMA50, accompanied by its lean on a minor bullish trend line on the short-term basis, intensifying the positive pressure that assisted it in achieving these gains, with the emergence of the positive signals on the (RSI), after reaching oversold levels.
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The (USDCHF) price declined in its last intraday trading, to gather the gains of its previous rises, and attempts to gain positive momentum that might assist it to rise, and it attempts to offload some of its clear overbought conditions on the (RSI), especially with the emergence of the negative signals from there, amid the continuation of the positive pressure that comes from its trading above EMA50, and under the dominance of the bullish trend on the short-term basis and its trading alongside a minor supportive bias for this trend.
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The (NZDUSD) price rose in its last intraday trading, amid the dominance of the bullish correctional trend on the short-term basis and its trading alongside a supportive bias line for the trend, taking advantage of the dynamic support that is represented by its trading above EMA50, reinforcing the stability of the positive scenario, especially with the emergence of the positive signals on the (RSI), after reaching oversold levels.
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