The (Brent) price rose in its last trading on the intraday levels, supported by the emergence of the positive signals on the (RSI), reaching exaggerated overbought levels compared to the price move, indicating the decline of the positive momentum around it, amid the continuation of the negative pressure due to its trading below EMA50, settling again alongside a main bullish trend line on the short-term basis.
The (silver) price settled high amid calm trading in its last intraday levels, attempting to gain a positive momentum that might assist it to rise, amid the continuation of the positive pressure due to 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).
The (USDCHF) price rose in its last intraday trading, after its success in offloading its overbought conditions on the (RSI), which opens the way for achieving more of the gains, amid the dominance of the bullish correctional trend on the short-term basis and its trading alongside a bias line, with the continuation of the dynamic support due to its trading above EMA50, reinforcing the stability of the positive scenario.
The (NZDUSD) price kept declining in its last intraday trading, to break its current support of 0.5935, amid the dominance of the bearish correctional trend on the short-term basis and its trading alongside a bias line, indicating the dominance of this negative trend, especially that the last decline came after the success in offloading the clear oversold conditions on the (RSI), with the beginning of negative overlapping signals appearance, intensifying the negative pressures.