The (silver) price settled high in its last intraday trading, after reaching our last suggested target at $42.10 resistance, to gather the gains of its previous rises, attempting to offload some of its clear overbought conditions on the (RSI), especially with the emergence of negative overlapping signals from them, amid the continuation of the positive pressure that comes from its trading above EMA50, forming dynamic support that keeps the stability of the main bullish track on the short-term basis, with its trading alongside bias line.
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The (USDCHF) price rose in its last intraday trading, due to the stability of the support level at 0.7950, which represents our target in our previous forecast, gaining bullish momentum that helped it to recover some of the previous losses, and attempting to offload its clear overbought conditions on the (RSI), especially with the emergence of positive overlapping signals from there, amid the dominance of the bearish trend on the short-term basis, and its trading below EMA50, reinforcing the negative pressure on the pair.
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The (NZDUSD) price settled with strong gains in its last intraday trading, amid the dominance of the bullish correctional trend on the short-term basis and its trading alongside supportive bias line, with the continuation of the positive pressure that comes from its trading above EMA50, on the other hand, we notice the emergence of negative overlapping signals on the (RSI), after reaching overbought levels, which reduced the last gains of the pair due to its neediness to offload some of the overbought conditions.
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The (AUDUSD) price declined in its last intraday trading, after reaching 0.6650 resistance that represents our suggested target, to have a truce to catch its breath and gather the gains on its previous rises, attempting to gain bullish momentum that might help it to keep the main bullish trend on the short-term basis amid its trading alongside supportive bias line, and the price attempts to offload some of its clear overbought conditions on the (RSI), especially with the emergence of the negative signals from there.
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