The (Brent) price rose slightly in its last intraday levels, supported by its continuous trading above its EMA50, and under the dominance of the main bullish trend on the short-term basis and its trading alongside a bias line, on the other hand, we notice the beginning of negative overlapping signals on the (RSI), after reaching overbought levels, which decelerated the last gains on the intraday basis.
The (silver) price decline in its last intraday trading, to lean on the support of EMA50, accompanied by testing a minor bullish trend line on the short-term basis, representing the last chance for regaining the required bullish momentum for its recovery and rise again, assisted by the emergence of the positive signals on the (RSI), the stability of the price above the near support levels reinforce the positive scenario.
The (USDCHF) price rose in its last intraday trading, due to its lean on a bullish correctional trend line on the short-term basis, accompanied by its lean on the support of its EMA50, providing intensive positive pressure that assisted it to achieve these gains, to get ready to reach the critical resistance level at 0.7985, especially with the beginning of positive overlapping signals appearance on the (RSI), after reaching oversold levels to suggest forming a positive divergence.
The (NZDUSD) price declined in its last intraday trading, amid the dominance of the bearish correctional trend on the short-term basis and its trading alongside a bias line, with the continuation of the negative pressure due to its trading below EMA50, besides the emergence of the negative signals on the (RSI), intensifying the negative pressure on the pair and reinforcing the bearish scenario.