Silver price soared during its last intraday trading, after offloading its overbought conditions on the relative strength indicators, especially with the emergence of positive overlapping signals, opening the way for achieving more of the gains on the near-term basis, amid the dominance of the main bullish trend on the short-term basis and its trading alongside supportive minor trend line for this trend, besides the continuation of the positive pressure due to its trading above EMA50, to reinforce extending the gains in the upcoming period.

The (USDCHF) price kept declining sharply in its last intraday trading, breaking the key support at 0.7925, amid the dominance of the bearish trend on the short-term basis with the continuation of the negative pressure due to its trading below EMA50, intensifying the negative signals from the relative strength indicators, despite reaching oversold levels.

The (NZDUSD) price jumped higher in its last intraday trading, affected by its exit from bearish corrective channel’s range that limited its previous trading above EMA50, this rise came despite the emergence of negative signals on the relative strength indicators, after reaching overbought levels, indicating the dominance of the buying powers on the pair’s movement.

The (AUDUSD) price kept rising in its last intraday trading, after surpassing the negative pressure of EMA50 and taking advantage of its dynamic support, amid the dominance of the main bullish trend on the short-term basis and its trading alongside supportive trend lien, besides the emergence of positive signals on the relative strength indicators, despite reaching overbought levels.