The (ETHUSD) price rose in its last intraday trading, supported by its continuous trading above its EMA50, gaining positive momentum amid the dominance of the bullish correctional trend on the short-term basis, with the negative signals emerging on the (RSI), reinforcing the bullish scenario.
The (Brent) price settled low in its last intraday levels, due to the stability of the resistance level at $68.70, which put it under negative pressure, especially with the emergence of the negative signals on the (RSI), after reaching overbought levels, to surpass the support of its EMA50, increasing the negative pressure that prevents its recovery.
The (silver) price declined in its last intraday trading, with the emerging of the negative signals on the (RSI), after reaching overbought levels lower that the price current move, to form a negative divergens that caused a pressure on the current trading, on the other hand, the price take advantage of the dynamic support that is represented by its trading above EMA50, and under the dominance of the main bullish trend and its trading alongside a minor bias line on the short-term basis.
The (USDCHF) price rose slightly in its last intraday trading, supported by the emergence of the positive signals on the (RSI), reaching exaggerated overbought levels compared to the price move, representing weakness sign that increase the negative pressure on the price, these pressures are represented by the dominance of the main bearish trend on the short-term basis, with the continuation of the negative pressure due to its trading below EMA50.