The (Brent) price declined in its last intraday trading, to gather the gains of its previous rises, attempting to offload some of its overbought conditions on relative strength indicators, especially with the emergence of negative overlapping signals from there, amid the continuation of the dynamic support that is represented by its trading above EMA50, reinforcing the stability and dominance of the main bullish trend on short-term basis, with its trading alongside supportive trend line for this track.

The (USDCHF) price witnessed slight gains in its last intraday trading, after looking for higher low to take it as a base that might help it to gain the required bullish momentum for its recovery, leaning on EMA50’s support, amid the dominance of the main bullish trend on short-term basis, with its trading alongside supportive trendline for this path, also we notice the beginning of forming positive divergence on relative strength indicators, after reaching exaggerated oversold levels compared to the price move, with the emergence of positive signals from there.

The (NZDUSD) price declined in its last intraday trading, due to the stability of the current resistance at 0.6050, which was our expected target in our previous analysis, amid the emergence of negative signals from relative strength indicators, attempting to gains bullish momentum that might help the price to breach this resistance, amid the continuation of the positive pressure due to its trading above EMA50, with the dominance of the main bullish trend on short-term basis.

The (AUDUSD) price rose in its last intraday trading, reaching the current resistance at 0.7020, which was expected target in our previous analysis, supported by the emergence of positive signals from relative strength indicators, with the continuation of the dynamic support that is represented by its trading above EMA50, reinforcing the stability and dominance of the main bullish trend on short-term basis.