The (silver) price settled high in its last intraday trading, taking advantage of the dynamic support that is represented by its trading above EMA50, and under the dominance of the main bullish trend on the short-term basis and its trading alongside a bias line, besides the emergence of the positive signals on the (RSI), despite reaching overbought levels.
The (USDCHF) price rose strongly in its last intraday trading, approaching from retesting the critical resistance at 0.5965, supported by the emergence of the positive signals on the (RSI), to notice reach overbought levels, indicating a possible decline amid the continuation of the negative pressure, due to its trading below EMA50, and under the dominance of the bearish correctional trend on the short-term basis and its trading alongside a bias line.
The (NZDUSD) price rose strongly in its last intraday trading, approaching from retesting the critical resistance at 0.5965, supported by the emergence of the positive signals on the (RSI), to notice reaching overbought levels, which indicates the decline of the bullish momentum, amid the continuation of the negative pressure due to its trading below EMA50, and under the dominance of the bearish correctional trend on the short-term basis and its trading alongside a bias line.
The (AUDUSD) price extended its gain in its last intraday trading, to breach the resistance levels, supported by the emergence of the positive signals on the (RSI), after reaching oversold levels, despite this strong rise the bearish correctional trend remains the dominant on the short-term basis, with the continuation of its trading below EMA50, putting pressure on the recovery attempts.