The (silver) price rose in its last intraday trading, amid the dominance of the main bullish trend on the short-term basis and its trading alongside supportive bias line for this trend, besides the continuation of the dynamic support that is represented by its trading above EMA50, noticing the formation of positive divergence on the (RSI), after reaching oversold levels, with the emergence of positive overlapping signals, which intensified the chances for the price recovery on the near-term basis.
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The (USDCHF) price declined slightly in its last intraday trading, due to the stability of the critical resistance at 0.7985, putting it under negative pressure that intensified by the emergence of negative overlapping signals on the (RSI), after reaching overbought levels, to suggest the beginning of forming negative divergence, with the continuation of the negative pressure that comes from its trading below EMA50, and under the bearish trend on the short-term basis.
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The (NZDUSD) price rose in its last intraday trading, after finding rising low to take it as a base to gain the required bullish momentum for its recovery, preparing to attack the key resistance at 0.5950, supported by its continuous trading above EMA50, and under the dominance of the bullish correctional trend on the short-term basis, besides the beginning of forming positive divergence by the (RSI), after reaching oversold levels with the emergence of positive overlapping signals.
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The (AUDUSD) price rose in its last intraday levels, amid the continuation of the dynamic support that is represented by its trading above EMA50, and under the dominance of the bullish trend on the short-term basis and its trading alongside a bias line, besides the emergence of the positive signals on the (RSI), after offloading its overbought conditions.
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