The (silver) price settled high in its last intraday trading, preparing to attack the current resistance at $52.50, supported by forming positive divergence on the relative strength indicators, after reaching sever oversold levels compared to the price move, with the emergence of the positive signals, amid the dominance of the main bullish trend on the short-term basis and its trading alongside main and minor trendlines that indicate the stability of this track.
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The (USDCHF) price declined in its last intraday trading, amid its attempts to look for rising low to help it gather the required bullish momentum for its recovery, leaning on the support of its EMA50, amid the dominance of the bullish corrective trend on the short-term basis and its trading alongside supportive trendline for this track, besides the relative strength indicators reaching oversold levels, which suggest forming positive divergence, which might reinforce the chances of the price recovery on the near-term basis.
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The (NZDUSD) price rose in its last trading on the intraday basis, attempting to recover some of its previous losses, with the continuation of the negative pressure due to its trading below its EMA50, reinforcing the strength and dominance of the main bearish trend on the short-term basis with its trading alongside trendline, besides the relative strength indicators reaching sever overbought levels compared to the price movement, which suggest forming negative divergence.
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The (AUDUSD) price rose in its last intraday trading, supported by the emergence of the positive signals on the relative strength indicators, after reaching oversold levels, to attempt to recover some of the previous losses, amid the continuation of the negative pressure due to its trading below EMA50, and under the dominance of the bearish corrective trend on the short-term basis and its trading alongside trendline.
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