The (USDCHF) price declined in its last intraday trading, affected by several negative pressures, the most important is its continuous trading below its EMA50, with the emergence of the negative signals on the (RSI), after the price success in offloading its clear oversold levels, providing bigger space to record more of the losses, this comes amid its trading alongside a minor bearish trend line on the short-term basis.
The (silver) price rose in its last intraday trading, taking advantage of its lean on s bullish trend line on the short-term basis, with the beginning of the positive signals on the (RSI), gaining some positive momentum that assisted it to settle against the continuous negative pressure that is represented by the price’s trading below its EMA50,attempting to recover, supported by the stability of its key technical support levels.
The (Brent) price rose in its last intraday trading, supported by the emergence of the positive signals on the (RSI), after reaching oversold levels, to settle above $63.20 that represents a key support that supported the price’s stability in the last period, to attempt to surpass the negative pressure of the EMA50, reinforcing the chances for achieving more of the rises.
The (ETHUSD) price declined slightly in its last intraday trading, amid the dominance of a bearish correctional wave on the short-term basis, which was confirmed after breaking a main bullish trend line, with the continuation of the negative pressure due to its trading below EMA50, noticing the beginning of a negative overlapping signal on the (RSI), after reaching overbought levels, which suggest the beginning of forming a negative divergence, and that might affect negatively on the price.