Silver Price breaks a minor bullish bias line-Analysis-15-08-2025
AI Summary
- Silver price declined due to breaking a minor bullish trend line and surpassing EMA50 support
- Positive signals on RSI indicate potential for positive momentum and recovery
- BestTradingSignal.com offers professional trading signals for US stocks, crypto, forex, and VIP signals for various markets via Telegram subscriptions
The (silver) price declined in its last trading on the intraday levels, affected by breaking a minor bullish trend line on the short-term basis, surpassing the support of its EMA50, forming more of the negative pressure on the price, on the other hand, we notice the emergence of the positive signals on the (RSI), after reaching oversold levels, indicating the beginning of forming a positive divergence from there, providing positive momentum that assists it to recover if its current support settles.
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The USDCHF is surrounded by negative pressures-Analysis-15-08-2025
The (USDCHF) price declined in its last trading on the intraday levels, after reaching the resistance of its EMA50, which put it under negative pressure, with the (RSI) reach to overbought levels, exaggeratedly with the price move, which suggest forming a negative divergence with the emergence of the negative signals from there, amid its affection by breaking a minor bullish trend line on the short-term basis.
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NZDUSD is affected by its exit from bullish correctional channel’s range-Analysis-15-08-2025
The (NZDUSD) price declined in its last intraday trading, affected by its exit from the bullish correctional channel’s range that was limiting its previous trading on the short-term basis, with the continuation of the negative pressure that comes from its trading below EMA50, on the other hand, we notice the emergence of the positive signals on the (RSI), after reaching oversold levels, which might reduce the upcoming losses temporarily.
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The AUDUSD attempts to offload its oversold conditions -Analysis-15-08-2025
The (AUDUSD) price rose in its last intraday trading, due to the stability of the current support level at 0.6490. gaining some of the positive momentum to assist it to recover some of yesterday’s trading, attempting to offload some of its clear oversold conditions on the (RSI), especially with the emergence of the positive signals, affected by breaking a minor bullish trend line on the short-term basis, with the continuation of the negative pressure that comes from its trading below EMA50, intensifying the negative pressure.
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