The (Brent) price declined on its last intraday trading, due to the stability of the resistance at $60.00, amid the continuation of the negative pressure due to its trading below EMA50, reinforcing the strength and dominance of the main bearish trend and reduces the recovery chances, especially with its trading within minor bearish channel’s range on the short-term basis, with the emergence of the negative signals on the relative strength indicators.

Silver price declined in its last intraday levels, attempting to look for a rising low to take it as a base to help it gain the required bullish momentum for its recovery, amid the dominance of the main bullish trend and its trading alongside supportive trend line for this track, with the continuation of the dynamic pressure that is represented by its trading above EMA50, reinforcing the chances of the recovery in the upcoming period, especially when reaching oversold levels by the relative strength indicators, indicating a quick decline in the bearish momentum.

The (USDCHF) price continues the sideways moves on its last intraday levels, amid the continuation of the negative pressure due to the trading below its EMA50, reducing the chances for any recovery attempts on the near-term basis, especially with the emergence of negative overlapping signals on the relative strength indicators, amid the dominance of steep minor bearish wave on the short-term basis.

The (NZDUSD) price declined in its last intraday trading, after reaching EMA50’s resistance which put it under negative pressure, accompanied by testing bearish corrective trend line on the short-term basis, accompanied by testing bearish corrective trend line on the short-term basis. The emergence of negative overlapping signals on the relative strength indicators intensified the dominance of the sellers, after reaching exaggerated overbought levels compared to the price movement.