AUD/USD price rose in latest intraday trading in an attempt to recoup some recent losses, while moving within a descending secondary price channel in the short term, with negative signals emerging from the Stochastic after reaching overbought levels compared to the price’s movements, as the price also suffers ongoing negative pressure due to trading below the 50-candle SMA.

NZD/USD price engaged in highly volatile trading in the intraday levels after managing to exit the descending correctional price channel in the short term yesterday, however, it quickly bounced lower after the current resistance of $0.5762 held on, as the price tries to gather positive momentum that could help it pierce that resistance, thus leaning on the support of the 50-candle SMA and bouncing higher once more after receiving a boost.

USD/CHF price tumbled in latest intraday trading and approached the pivotal support of 0.8760, amid the dominance of the main downward trend in the short term, with negative pressures mounting after the price trespassed the support of the 50-candle SMA, coupled with negative signals from the Stochastic despite reaching oversold levels.

Gold price rose in latest intraday trading, boosted by a technical pattern that’s complementary to the main upward trend, the Flag pattern, while trading alongside the secondary short-term trend line, with positive signals from the Stochastic, coupled with ongoing positive support due to trading above the 50-candle SMA.