Brent crude oil settles on series of consecutive gains in its recent intraday trading, benefited from the positive dynamic support that is represented by its trading above EMA50, dominated by a strong bullish corrective wave on the short-term basis, on the other hand, we notice the emergence of negative signals from the relative strength indicators, after reaching overbought levels, which may reduce the upcoming gains due to its neediness to offload some of the overbought conditions.

The USDCHF pair keeps its last gains in its last intraday trading, affected by the dominance of the main bullish trend on the short-term basis, with its trading alongside supportive trend line for this path, with a positive dynamic support that is represented by its trading above EMA50, reinforcing the chances of extending these gains in the near upcoming period, especially with the emergence of the positive signals from the relative strength indicators, despite reaching overbought levels.

(NZDUSD) rose in its recent intraday trading, as it leans on EMA50’s support, providing bullish momentum to the price to achieve these gains, amid the dominance of bullish corrective wave on the short-term basis, with its trading alongside supportive trend line for this path, with the beginning of forming positive divergence on the relative strength indicators, with the emergence of positive signals from them, reinforcing the chances of extending these gains in the near upcoming period.

(AUDUSD) rose in its latest intraday trading, to confirm breaching a main bearish trend line on the short-term basis, with the continuation of the positive support that comes from its trading above EMA50, representing a dynamic support that reinforces the chances of extending these gains in the near period, especially with the emergence of the positive signals from the relative strength indicators, after forming positive divergence followed reaching exaggerated oversold levels compared to the price move.