The (Brent) price witnessed fluctuating trading on its last intraday levels, due to the stability of the current support at $66.95, gaining some bullish momentum that helped it to stop its previous losses, as it reached EMA50’s resistance, affected by breaking main bullish trend on short-term basis, with the emergence of negative signals from relative strength indicators.
The (USDCHF) price settles on losses in its last intraday trading, with the stability of the key resistance at 0.7725, with the emergence of negative signals from relative strength indicators, reaching EMA50’s support, in attempt to gain bullish momentum that might help it to breach this resistance and detect the upcoming track in the upcoming period, affected by breaching main bearish trend line on short-term basis.
The (NZDUSD) price slipped lower in its last intraday trading, in fluctuating move that confirms breaking main bullish trend line on short-term basis, accompanied by surpassing EMA50’s support, which confirms its momentum to extend its corrective losses on near-term basis, especially with the emergence of negative overlapping signals from relative strength indicators after reaching overbought levels.
The (AUDUSD) price declined in its last intraday trading, with the emergence of the negative signals from relative strength indicators, in attempt to gain bullish momentum that might help it to resume its strong gains on near-term basis, leaning on EMA50’s support, reinforcing the stability and dominance of the main bullish trend on short-term basis, especially with its trading alongside supportive trend line for this path.