Silver price witnessed fluctuating trading on its last intraday levels, to gather its bullish strength due to its leaning on EMA50’s support, reinforcing the likelihoods of rising on near period, especially with the emergence of positive signals from relative strength indicators, after reaching oversold levels, amid the dominance of the main bullish trend on the short-term basis, with its trading alongside supportive trend line for this trend.

The (USDCHF) price rose in its last intraday trading, taking advantage of breaching 0.7975 key resistance yesterday, amid the dominance of the bullish corrective trend on short-term basis, with its trading alongside supportive trend line, besides the continuation of the positive pressure due to its trading above EMA50, besides the emergence of positive signals from relative strength indicators after offloading its overbought conditions, opening the way for achieving more gains on the near-term basis.

The (NZDUSD) price declined in its last intraday trading, preparing to break the key support levels at 0.5740, amid the continuation of the negative pressure due to its trading below EMA50, reinforcing the stability and dominance of the bearish corrective trend on the short-term basis, especially with its trading alongside supportive line for this trend, on the other hand, we notice the emergence of positive signals from the relative strength indicators, after reaching oversold levels, which might reduce the upcoming losses.

The (AUDUSD) price declined in its last intraday trading, affected by its trading below EMA50, to surpass the support of main bullish trend line on short-term basis, reinforcing the negative pressures, however the price settled in its last trading, affected by the emergence of positive from the relative strength indicators, after reaching oversold levels, to offload some of these conditions.