The (Brent) price declined in its last intraday levels, affected by the stability of the current resistance level at $68.70, attempting to gain positive momentum that assist it to breach this resistance and attempts to offload some of its clear overbought conditions on the (RSI), especially with the beginning of negative overlapping signals, taking advantage of the dynamic support that is represented by its trading above EMA50.
The (silver) price declined in its last intraday trading, attempting to gather a bullish momentum that might assist it to rise again, and it attempts at the same time to offload its clear overbought conditions on the (RSI), especially with the appearance of negative overlapping signals on them, besides the continuation of the positive support and its trading alongside a minor bias line on the short-term basis.
The (USDCHF) price declined in its last intraday trading, getting ready to break its current support at 0.7895, amid 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, the emergence of the negative signals on the (RSI) intensifying the negative pressure on the price, after reaching exaggerated overbought levels compared to the price move.
The (NZDUSD) price declined in its last intraday trading, attempting to gain a positive momentum that might assist it to breach the critical resistance level at 0.6080, taking advantage of the dynamic support that is represented by its trading above EMA50, with the emergence of the positive signals on the (RSI), amid the dominance of the main bullish trend on the short-term basis.