The (silver) price declined in its last intraday trading, amid the emergence of the negative signals on the (RSI), after reaching overbought levels in attempt to look for a rising low to take it as a base for gaining the required bullish momentum to recover and rise again, amid the dominance of the main bullish trend and its trading alongside minor bias line on its trading above EMA50, increasing the chances for the price recover on the near-term basis.
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The (USDCHF) price settled low in its last intraday trading, holding below 0.7985 support to confirm breaking it, amid the dominance of bearish wave on the short-term basis and its trading alongside trend line, besides the continuation of the negative pressure due to its trading below EMA50, accompanied by the emergence of the positive signals on the (RSI), in an attempt to offload some of its oversold conditions, intensifying the negative pressures.
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The (NZDUSD) price rose in its last intraday trading, after it declined due to the stability of the critical resistance at 0.5910, gaining bullish momentum that helped it to offload its clear overbought conditions on the (RSI), preparing to attack this resistance, amid the continuation of the positive pressure that comes from its trading above EMA50, and under the bullish correctional trend on the short-term basis and its trading alongside a bias line.
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The (AUDUSD) price declined with fluctuated trading on its last intraday levels, amid the continuation of the fluctuation on its last intraday levels, amid the continuation of the dynamic support that is represented by its trading above EMA50, and under the dominance of bullish correctional wave on the short-term basis and its trading alongside a bias line, to gain bullish momentum that might help it to recover and rise again.
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