The (Brent) price rose slightly in its last trading on the intraday levels, leaning on EMA50’s support, gaining some bullish momentum after the price attempt to gather the gains of its previous rises, accompanied by its attempt to offload some of its overbought conditions on the relative strength indicators, especially with the emergence of negative overlapping signals, amid the dominance of bullish corrective wave on the short-term basis.

Silver price extended its gain in its last intraday trading, breaching $78.10 resistance level, this resistance was an expected target in our previous analysis, amid the continuation of the dynamic support that is represented by its trading above EMA50, which reinforces the stability and dominance of the main bullish trend on the short-term basis, especially with its trading alongside trendline, with the emergence of the positive signals on the relative strength indicators, despite its stability on the overbought levels. 

The (USDCHF) price declined in its last intraday trading, amid the emergence of the negative signals on the relative strength indicators, attempting to look for rising low to use it as a base to help it gain the required bullish momentum for its recovery and rise again, to lean on EMA50’s support, reinforcing the chances of the recovery on the near-term basis, especially with the dominance of bullish corrective wave on the short-term basis, with its trading alongside supportive trend line for this track.

The (NZDUSD) price rose strongly in its last intraday trading, supported by the emergence of positive signals from the relative strength indicators, to notice reaching overbought levels, indicating a quick decline for the bullish momentum of he last trading, amid the dominance of bearish corrective wave on the short-term basis, to hit the resistance of EMA50, which might indicate the bullish trend on the intraday basis.