The (NZDUSD) price rose in its last intraday trading, by its leaning on the support of its EMA50 previously, gaining positive momentum by the emergence of the positive signals on the (RSI), to breach a bearish correctional trend line, reinforcing the bullish track.
The (USDCHF) price continued the decline its last intraday trading, by a continuous negative pressure due to its trading below its EMA50, to break a bullish correctional trend line on the short-term basis, which increases the negative pressures around the pair, especially with the emergence of the negative signals on the (RSI), despite reaching oversold levels.
The (silver) price declined slightly in its last intraday trading, to gather the gains of its last rises, and attempts to gain positive momentum that might assist it to recover and rise again, and it attempts to offload some of its clear overbought conditions on the (RSI), especially with the appearance of negative overlapping signals, amid its affection by breaching a minor bearish bias line on the short-term basis, with the continuation of the positive support that comes from its trading above its EMA50.
The (Brent) price rose sharply in its last intraday trading, preparing for reaching the key resistance at $66.50, amid the dominance of the bullish correctional trend on the short-term basis and its trading alongside a bias line, with the continuation of the positive pressure due to its trading above the EMA50, besides the emergence of the positive signals on the (RSI), despite reaching overbought levels.