The (Brent) price surged higher in its last intraday trading, breaching $74.00 resistance, taking advantage of the positive signals from relative strength indicators, despite reaching overbought levels, supported by its continued trading above EMA50, reinforcing the dominance and stability of the main bullish trend on short-term basis, especially with its trading alongside supportive trend line for this path.

The (USDCHF) price rose on its last intraday levels, due to the stability of the current support at 0.7675, gaining some bullish momentum to attempt to recover some of its previous losses, attempting to offload some of its clear oversold conditions on relative strength indicators, with the emergence of positive overlapping signals, affected by breaking bullish corrective trend line on short-term basis, and there is negative and dynamic pressure that is represented by its trading below EMA50, intensifying the negative pressure on the price.

The (NZDUSD) price declined in its last intraday trading, amid the dominance of the bearish corrective trend on short-term basis, with the trading alongside supportive trend line for this path, and it is under negative and dynamic pressure that is represented by its trading below EMA50, accompanied by the emergence of negative signals from relative strength indicators, after reaching overbought levels.

The (AUDUSD) price opened the week’s trading with bearish price gap on its last intraday levels, amid the emergence of negative signals from relative strength indicators, to lean on EMA50’s support, accompanied by leaning on minor bullish trend line on short-term basis, gaining bullish momentum that helped it to rebound, to reduce a lot of its early losses, keeping its positive path.