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Brent crude oil price is attempting to gain bullish momentum- Analysis- 05-02-2026

Economies.com
2026-02-05 03:32AM UTC

 

 

The (Brent) price settles on a decline in its last intraday trading, amid the attempts of gaining bullish momentum that might help it to recover and rise again, with the emergence of negative signals from there, amid the continuation of the dynamic positive support that is represented by its trading above EMA50, which reinforces the chances of the price recovery on near-term basis, especially with its trading alongside minor bullish trend line on short-term basis.

 

 

The USDCHF Price is rising steadily- Analysis-05-02-2026

Economies.com
2026-02-05 03:30AM UTC

The (USDCHF) price rose in its last intraday trading, amid the emergence of positive signals from relative strength indicators, despite reaching overbought levels, amid the dominance of bullish corrective wave on short-term basis, with its trading alongside supportive trend line for this path, and the price is benefited from the dynamic support that is represented by its trading above EMA50, which reinforces the chances of extending its gains on near period.

 

 

 

NZDUSD breaks key support-Analysis-05-02-2026

Economies.com
2026-02-05 03:27AM UTC

 

 

The (NZDUSD) price settles with losses in its last intraday trading, breaking 0.5990 key support, with negative pressure due to its trading below EMA50, which reduces the chances of near-term recovery, amid the dominance of bearish corrective wave on short-term basis, with the emergence of negative signals from relative strength indicators, despite reaching oversold levels.

 

 

The AUDUSD price breaks bullish trend line- Analysis-05-02-2026

Economies.com
2026-02-05 03:20AM UTC

 

The (AUDUSD) price settles on a decline in its last intraday trading, surpassing EMA50’s support, which put it under negative pressure that led it to break minor bullish trend line on short-term basis, intensifying the negative pressures, which reinforced with the emergence of negative signals from relative strength indicators, despite reaching oversold levels.