(ETHUSD) extended its strong gains in its latest intraday trading, amid the dominance of the main bullish trend on the short term basis, with its trading alongside supportive trend line for this path, besides the continuation of the positive pressure due to its trading above EMA50, which represents a dynamic support that increases the chances of extending these gains in the near upcoming period, especially with the emergence of the positive signals from the relative strength indicators.
Brent crude oil settles on gains in its recent intraday trading, benefiting from the stability of the current support at $86.00, gaining bullish momentum that helped it achieve consecutive gains amid the dominance of the bullish corrective trend on the short-term basis, with its trading alongside supportive trend line for this path, 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 near upcoming period.
The USDCHF pair extended its gains in its last intraday trading, benefiting from 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, especially with its trading alongside supportive trend line for this path, besides the emergence of positive signals from the relative strength indicators, despite reaching overbought levels.
(NZDUSD) surged high in its recent intraday trading, due to the stability of the support level at 0.5830, gaining bullish momentum that helped it to achieve these gains, with the emergence of positive overlapping signals from the relative strength indicators, after offloading its overbought conditions, opening the way for extending these gains in the near upcoming period, amid the continuation of the dynamic support, which is represented by its trading above EMA50, with the dominance of the bullish corrective trend on the short-term basis, and the trading alongside main and minor trend lines that support this path.