Brent crude oil settles with limited gains in its recent intraday trading, with the emergence of negative signals from the relative strength indicators, after reaching overbought levels, in a clear signal for losing the bullish momentum, with the continuation of the negative pressure that comes from its trading below EMA50, reinforcing the strength and stability of the main bearish trend on the short-term basis.

The USDCHF pair rose in its last intraday trading, due to its stability on EMA50’ resistance, gaining bullish momentum that helped it to achieve these gains, amid the dominance of the main bullish trend on the short-term basis, noticing the beginning of positive signals emergence from the relative strength indicators, after reaching oversold levels, reinforcing the chances of extending these gains in the upcoming near period.

(NZDUSD) moves in sideways range trading in its recent intraday levels, amid the continuation of the negative pressure due to its trading below EMA50, which represents a dynamic resistance that reinforces the dominance and stability of the main bearish trend on the short-term basis, especially with the emergence of the negative signals from the relative strength indicators, after reaching overbought levels.

(AUDUSD) declined in its latest intraday trading, amid the dominance of the main bearish trend on the short-term basis, and its trading alongside main and minor trend lines that support this path, beside ongoing negative pressure due to its trading below EMA50, which represents a dynamic resistance that reduces the chances of a recovery in the near period, especially with the emergence of the negative signals from the relative strength indicators.