(ETHUSD) declined in its latest intraday levels, to gather the gains of its previous rises, attempting to gain bullish momentum that might help it to recover and rise again, at the same time it attempts to offload some of its overbought conditions on the relative strength indicators, especially with the emergence of negative signals from them, amid the dominance of the main bullish trend on the short-term basis, with the continuation of the positive pressure due to its trading above EMA50, which provides a dynamic support base that reinforces the chances of resuming its gains.

Brent crude oil rose in its recent intraday trading, preparing to attack the resistance of $86.00, which was a target in our previous analysis, amid the dominance of the bullish corrective trend on the short-term basis, with the continuation of the positive pressure due to its trading above EMA50, noticing the emergence of positive overlapping signals from the relative strength indicators, after offloading its overbought conditions, opening the way for targeting new resistance levels in the upcoming near period.

The USDCHF pair declined in its last intraday trading, due to the stability of the key resistance at 0.8135, attempting to look for a higher low to use it as a base that might help it to gain bullish momentum to push it to recover, leaning on EMA50’s support, amid the dominance of the main bullish trend on the short-term basis, with its trading alongside supportive trend line. Noticing the emergence of positive overlapping signals from the relative strength indicators, after reaching oversold levels, reinforcing the chances of a recovery.

(NZDUSD) rose strongly in its recent intraday trading, preparing to attack the resistance level at 0.5830, which was our last expected target, amid the continuation of the positive support due to its trading above EMA50, which reinforces the stability and dominance of the bullish corrective trend on the short-term basis, after offloading some of the overbought conditions on the relative strength indicators, which opens the way for extending the gains in the near upcoming period.