The (Brent) price moves in sideways range on its last intraday levels, attempting to gain bullish momentum that might help it to recover and resume its gains again, 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, besides the emergence of positive overlapping signals on relative strength indicators, after reaching oversold levels.

The (USDCHF) price declined in its last intraday trading, amid the emergence of the negative signals from relative strength indicators, attempting to gain bullish momentum that might help it to recover and rise again, leaning on bullish corrective trend line on short-term basis, accompanied by its leaning on EMA50’s support, reinforcing the strength of this level as a key support that will detect the upcoming trend on near-term basis.

The (NZDUSD) price rose on its last intraday levels, supported by the emergence of positive signals from relative strength indicators, reaching exaggerated overbought levels compared to the price move, indicating a quick decline in the bullish momentum, amid the dominance of the bearish corrective trend on short-term basis, with its trading alongside supportive trend line for this path, besides the continuation of the negative pressure due to its trading below EMA50, reducing the chances of the price recovery on near term basis.

The (AUDUSD) price reinforced its gains in its last intraday trading, supported by the emergence of the positive signals from relative strength indicators, after reaching oversold levels, to surpass EMA50’s resistance, to surpass its negative pressure, announcing its recovery on near-term basis, amid the dominance of the main bullish trend on short-term basis, keeping its move alongside supportive trend line for this track.