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Silver price prepares to register new record highs – Daily Forecast – 03-12-2025

Economies.com
2025-12-03 03:04AM UTC

 

Silver price (SILVER) is holding on to its gains in its latest intraday trading, attacking the important resistance level at $58.80, while a dominant short-term bullish trend remains intact. The price continues to move alongside primary and secondary ascending trendlines supporting this trajectory, with ongoing positive momentum resulting from trades occurring above the 50-period simple moving average. Additionally, we note persistent positive signals from the Relative Strength Index (RSI), despite it having reached extremely overbought levels.

The New Zealand Dollar price against the US Dollar reaches our target level – Daily Forecast – 03-12-2025

Economies.com
2025-12-03 02:54AM UTC

 

The New Zealand Dollar versus the US Dollar (NZDUSD) jumped higher in its recent intraday trades, breaking through the important resistance level of 0.5750—a level that was our previous price target. This rise is supported by positive signals from the Relative Strength Index (RSI), after it had earlier entered deeply oversold areas, in addition to positive dynamic pressure reflected by price action remaining above the 50-period simple moving average. All of this occurs under the dominance of a short-term bullish corrective wave.

The AUDUSD price is getting ready to reach our expect target- Analysis-03-12-2025

Economies.com
2025-12-03 02:51AM UTC

The (AUDUSD) price reinforced its gains in its last intraday trading, preparing to reach the current resistance level at 0.6580, this resistance was our target in our previous analysis, taking advantage of the dynamic support that is represented by its trading above EMA50, besides the emergence of the positive signals on the relative strength indicators, despite reaching overbought levels, amid the dominance of minor bullish wave on the short-term basis, indicating the strength and volume of the bullish momentum around the pair.

 

 

The USDCAD price keeps declining- Analysis-03-12-2025

Economies.com
2025-12-03 02:42AM UTC

The (USDCAD) price continued its decline in its last intraday trading, amid the dominance of bearish corrective wave on the short-term basis with its trading alongside steep bearish trend line that indicates the volume of bearish momentum, especially with its trading below EMA50, besides the emergence of the negative signals on the relative strength indicators, despite reaching oversold levels.