The (Brent) price moves in limited range of the sideways trading in the intraday levels, taking advantage of the positive support that comes from the stability of the significant support at $66.50, which prevented extending the previous sharp decline, although the price remains under negative pressure due to its trading below EMA50, with the emergence of the negative signals on the (RSI).
The (silver) price rose in its last intraday trading, amid its affection by a positive technical formation of the short-term basis, which is the falling wedge pattern, supported by the emergence of the positive signals on the (RSI), despite reaching overbought levels, to attempt to surpass the negative pressure of the MEA50, opening the way for achieving more of the gains.
The (USDCHF) price declined in its last intraday trading, to break the critical support at 0.8055, amid the dominance of the main bearish trend on the short-term basis and its trading alongside a bias line, with the emergence of the negative signals on the (RSI), after the pair success if offloading its oversold conditions in its previous trading, opening the way for recording more of the declines.
The (NZDUSD) price resumed the rise in its last intraday trading, amid the dominance of the main bullish trend and its affection by breaching a bearish correctional bias line on the short-term basis, with the continuation of the positive pressure that comes from its trading above EMA50, this last rise came after the price success in offloading its clear overbought conditions on the (RSI) in its previous trading, with the return of the positive signals from there, which opens the way towards achieving more of the gain.