The (silver) price settled with gains in its last intraday trading, preparing to attack the resistance at $53.50, to record new historical levels, supported by its continued trading above EMA50, reinforcing the stability of the main bullish trend amid its trading alongside minor trendline on the short-term basis, besides the emergence of the positive signals on the relative strength indicators, despite its stability in overbought levels.
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The (USDCHF) price witnessed sharp decline in its last intraday trading, after surpassing the support of its EMA50, putting it under negative pressure which led it to break bullish corrective trendline on the short-term basis, to end the opportunities for its rise on the near-term basis, especially with the emergence of the negative signals on the relative strength indicators, after offloading its oversold conditions, reinforcing the chances of extending its losses.
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The (NZDUSD) price settled with sharp gains in its last intraday trading, supported by the emergence of positive signals on the relative strength indicators, after offloading its overbought conditions, opening the way for achieving these last gains, to retest the key resistance at 0.5755, accompanied by reaching the resistance of EMA50, besides testing a main bearish trend on the short-term basis.
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The (AUDUSD) price declined in its last intraday trading, due to the stability of the critical resistance at 0.6520, amid the dominance of the bearish corrective trend on the short-term basis, with the continuation of the negative pressure due to its trading below EMA50, intensifying the negative pressure, especially with the emergence of the negative signals on the relative strength indicators.
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