The (Brent) price witnessed strong losses in its last intraday trading, surpassing the support of its EMA50, putting it under negative pressure, especially with the emergence of the negative signals on the relative strength indicators, after reaching overbought levels, besides the dominance of the main bearish trend on a short-term basis.

Silver price rose in its last intraday trading, due to its leaning o the support of its EMA50, gaining some bullish momentum that helped it to achieve these gains, accompanied by testing minor bullish trend line on the short-term basis, reinforcing this momentum, on the other hand, we notice the emergence of negative signals on the relative strength indicators, despite its stability in oversold levels, which might reduce the gains of the upcoming gains.

The (USDCHF) price rose strongly in its last intraday trading, due to the stability of the key support at 0.7890, gaining bullish momentum to recover some of its previous losses, amid the dominance of bearish corrective wave on the short-term basis, with the continuation of the negative pressure due to its trading below its EMA50, which led the price towards overbought levels, exaggeratedly compared to the price move, to indicate forming negative divergence, which suggest a quick fading for the bullish momentum.

The (NZDUSD) price slipped lower in its last intraday trading, attempting to gain bullish momentum that may help it recover and breach the stubborn and key resistance at 0.5670, attempting to offload its overbought conditions on the relative strength indicators, especially with the emergence of the negative signals from there.

This comes amid the dynamic support that is represented by its trading above EMA50, reinforcing the strength of bullish corrective trend, especially with the trading alongside supportive trendline.