The (Brent) price rose in its last intraday levels, after its leaning on EMA50’s support, gaining bullish momentum that helped it to achieve these gains, amid the dominance of the main bullish trend on short-term basis, with its trading alongside supportive trend line for this path, besides the emergence of positive signals from relative strength indicators, after reaching oversold levels, intensifying the chances of extending the gains on an intraday basis.

The (USDCHF) price declined in its last intraday trading, in attempt to gain bullish momentum that might help it to recover and rise again, with the emergence of positive signals from relative strength indicators, after offloading its overbought conditions in its previous trading, to enter a new bullish momentum, amid the dominance of bullish corrective wave on short-term basis with its trading alongside supportive trend line for this path, besides the continuation of the dynamic pressure that is represented by its trading above EMA50, reinforcing the chances of the price’s recovery in the upcoming period.

The (NZDUSD) price rose in its last trading on the intraday levels, due to its leaning on 0.5945 support, this support represents our previously expected target, gaining some bullish momentum that helped it to achieve these gains to recover some of its previous losses, and offloading its clear oversold conditions on relative strength indicators, especially with the emergence of positive signals from there, amid the dominance of the bearish corrective trend on short-term basis, with its trading alongside supportive trend line for this path, with the continuation of the negative pressure due to its trading below EMA50, reducing the chances of sustainable recovery on a near-term basis.

The (AUDUSD) price witnessed bullish rebound in its last intraday trading, after leaning on key support at 0.6900, which represents an expected target in our previous analysis, gaining some bullish momentum to recover some of its previous losses, and offloading some of its clear oversold levels on relative strength indicators, especially with the emergence of positive signals from there, amid the continuation of the negative pressure due to its trading below EMA50, affected by breaking minor bullish trend line on short-term basis.