The (ETHUSD) price witnessed slight and cautious gains on its last intraday levels, with the dominance of the main bearish trend on short-term basis, accompanied by the emergence of positive signals from relative strength indicators, after reaching oversold levels, which helped it to achieve these cautious gains to reach EMA50, which might put it under intensified negative pressure on near-term basis and pushes it to rebound negatively.

The (Brent) price declined slightly in its last intraday trading, after strong gains wave, supported by the positive signals from relative strength indicators, which pushed these indicators to enter overbought levels, exaggeratedly compared to the price move, as a signals for fading the bullish momentum accompanied by retesting main bullish trend line that had been broken previously on short-term basis.

The (USDCHF) price settles on limited gains in its last intraday trading, with the dominance of the main bearish trend on short-term basis, with its trading alongside supportive trend line for this path, besides the continuation of the dynamic and negative pressure that is represented by its trading below EMA50, which reduces the chances of sustainable recovery on near period, with the emergence of the negative signals from relative indicators, after reaching exaggerated overbought levels compared to the price move.

The (NZDUSD) price declined in its last intraday trading, amid the emergence of negative signals from relative strength indicators, with the attempts of looking for higher low to use it as a base to help it gain bullish momentum to rise again. The price is leaning on EMA50’s support, accompanied by its leaning on main bullish trend line on short-term basis, increasing the importance of this support to detect the near-term trend.