Brent crude oil settles on strong gains in its recent intraday trading, reaching $90.50 resistance, which represented our previous expected target, benefiting from the continued dynamic support due to its trading above EMA50, reinforcing the chances of breaching this resistance, amid the dominance of the bullish corrective trend, with its trading alongside supportive trend line for this path, on the other hand, we notice a negative overlapping signals from the relative strength indicators, which might reduce the upcoming gains.

The USDCHF pair settles in series of consecutive gains on its last intraday levels, preparing to reach the near key resistance at 0.8140, which was our previous expected target, 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 the short-term basis, with its trading alongside supportive trend line for this path, on the other hand, we notice negative crossover on the relative strength indicators, after reaching overbought levels, which might reduce the strength of the rise in the near upcoming period.

(NZDUSD) settles lower in its recent intraday trading, attempting to look for higher low to use it as a base that might help it to gain the required bullish momentum for its recovery, to settle on EMA50’s support, amid the dominance of the bullish corrective trend on the short-term basis, with the emergence of positive overlapping signals from the relative strength indicators, after reaching severe oversold levels compared to the price action, to indicate forming a positive divergence that intensifies the positive pressures.

(AUDUSD) witnessed fluctuating trading in its latest intraday trading, benefiting from the positive support that is represented by its trading above EMA50, reinforcing the stability and dominance of the bullish corrective trend on the short-term basis, with its trading alongside supportive trend line for this path, on the other hand, we notice the emergence of positive signals from the relative strength indicators after offloading its overbought conditions.