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NZDUSD exits a bearish correctional channel’s range -Analysis-05-05-2025

Economies.com
2025-05-05 03:58AM UTC

NZDUSD price rose in its recent intraday trading, supported y its trading above EMA50, to exit the range of bearish correctional channel that was limiting its previous trading on the short-term basis, this last rise came after offloading the clear overbought conditions on the (RSI) in the price previous trading.

 

USDCHF is under intensified negative pressure-Analysis-05-05-2025

Economies.com
2025-05-05 03:52AM UTC

(USDCHF) price declined in its recent intraday trading, confirming breaking the bullish correctional trendline on the short-term basis, accompanied by surpassing the support of its EMA50, the intensive negative pressures increase the possibility of the decline, especially with the emergence of negative overlapping signal on the (RSI), after offloading the oversold conditions.

 

Silver gets ready to break a key support -Analysis-05-05-2025

Economies.com
2025-05-05 03:43AM UTC

Silver price declined in its recent intraday trading, after leaning on the key support level at $31.90, which assisted it to settle on the intraday basis, with the beginning of positive overlapping signals appearance on the (RSI), after reaching oversold levels.

 

This comes amid the dominance of a minor bearish wave on the short term basis, with the continuation of the negative pressure that comes from its trading below EMA50.

 

Brent crude oil experiencing a sharp drop -Analysis-05-05-2025

Economies.com
2025-05-05 03:34AM UTC

Brent crude oil slipped lower in the downside in its recent intraday trading, amid the dominance of the main bearish trend on the short-term basis and its trading alongside bias line, with the emergence of the negative signals on the (RIS), despite reaching oversold levels, breaking the critical support level at $60.00, with the continuation of the negative pressure that was caused by its trading below the EMA50.