The (silver) price declined in its last intraday trading, gathering the gains of its previous rises, attempting to gain positive momentum that might help it to recover and rise again, to offload some of its clear overbought conditions on the relative strength indicators, especially with the emergence of negative overlapping signals, amid the dominance of the main bullish trend on the short-term basis and its trading above EMA50, reinforcing the chances for the price recovery.
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The (USDCHF) price declined in its last intraday trading, breaking the support level at 0.7950, reinforcing the scenario of extending its losses and its trading alongside minor and main bias lines, with the continuation of the negative pressure due to its trading below EMA50, on the other hand, we notice the emergence of positive overlapping signals on the relative strength indicators, after reaching oversold levels, which might reduce its upcoming losses.
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The (NZDUSD) price declined in its last intraday trading, attempting to gain bullish momentum that might hep it to recover and rise again, and attempts to offload some of its clear overbought condition on the relative strength indicators, especially with the emergence of the negative signals, amid the dominance of the bullish correctional trend on the short-term basis and its trading alongside main and minor bias lines, supported by its continued trading above EMA50, reinforcing the chances for the price recovery on the near-term basis.
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The (AUDUSD) price rose in its last intraday trading, approaching from 0.6680 preparing to attack it, this resistance represents our suggested targets in our previous forecast, amid the continuation of the dynamic support that is represented by its trading above EMA50, and under the dominance of the main bullish trend on the short-term basis and its trading alongside supportive bias line for this track, besides the emergence of the positive signals on the relative strength indicators.
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