Silver price declined in its last trading on the intraday levels, by negative pressure due to its trading below EMA50, with the emergence of the negative signals on the relative strength indicators, despite reaching oversold levels, indicating a relative decline for the bearish momentum, amid the dominance of the main bullish trend and its trading alongside supportive minor trendline for this track, unless it breaks its upcoming trading on the near-term basis.
The USDCHF price declined in its last trading on the intraday basis, due to the stability of the current resistance at0.8065, with the emergence of the negative signals on the relative strength indicators, after reaching overbought levels, to enter exaggerated oversold levels compared to the price move, indicating a quick decline to the bearish momentum, attempting to gain bullish momentum that might help it to breach this resistance, amid its trading alongside minor bullish trend line on the short-term basis.
The NZDUSD price provided negative trades in its last intraday sessions, attempting to recover some of its previous losses, amid the continuation of the negative pressure due to its trading below EMA50, under the dominance of the main bearish trend on the short-term basis and its trading alongside minor trendline on the short-term basis, besides the emergence of the negative signals on the relative strength indicators.
The AUDUSD price rose in its last trading on the intraday basis, affected by the stability of the key support at 0.6445, gaining bullish momentum that helped it to achieve these gains, in an attempt to recover some of its previous losses, attempting to offload some of its clear oversold conditions on the relative strength indicators, especially with the emergence of the positive signals from there, amid the continuation of the negative pressure that comes from its trading below EMA50, and under the dominance of the bearish trend and its trading alongside minor trend line on the short-term basis.