Ethereum (ETHUSD) Extends Its Consecutive Losses– Analysis –06-11-2026

Brent crude oil kept rising in its latest intraday trading following the resilience of the key support level at $94.40, providing the price with positive momentum that helped it achieve these gains. The price is attempting to recover part of its previous losses, amid the dominance of a steep short-term bearish sub-wave and continued negative pressure from trading below EMA50, which acts as dynamic resistance and limits the chances of extending these gains in the near term. This comes as the relative strength indicators have entered deeply overbought levels, in an exaggerated manner relative to the price movement, raising the possibility of a negative divergence forming that could threaten these gains with a bearish reversal in the coming period.

The USDCHF price is holding on to cautious gains in its latest intraday trading following the resilience of the current support level at 0.8150, which provided the pair with some positive momentum, reinforced by the emergence of positive signals from the relative strength indicators. However, negative pressure persists as the pair continues to trade below its EMA50, which acts as dynamic resistance, limiting the chances of a full recovery in the near term. This comes particularly amid the dominance of the short-term bearish trend, with the pair moving alongside a bearish trend line that supports this path.

NZDUSD’s price continued its decline in its last intraday trading, breaking the key support of 0.5580 level, amid the continuation of the negative pressure that comes from its trading below EMA50, which represents a dynamic resistance that reinforces the dominance and stability of the main bearish trend on the short-term basis, meanwhile, we notice negative signals that come from the relative strength indicators, despite reaching oversold level, which might limit the price decline temporarily in the near upcoming period.