The (AUDUSD) price rose strongly in its last intraday trading, keeping its stability above the critical resistance 0.6390, in a major step to confirm breaching it and easing the way for more of the upside movement, especially that the price is affected by leaning on the support of EMA50, which provides signs for renewing the positive momentum by the appearance of positive overlapping signals on the (RSI).
The (NZDUSD) price settled on a decline in its last intraday trading, affected by the negative pressure that was caused by its trading below EMA50, and under the domination of a bearish correctional wave on a short-term basis on the (RSI), despite reaching the oversold levels.
USDCHF declined in its last intraday trading, with the trading alongside a main bearish trend line on the short- term basis, and the negative signals begin to appear on the (RSI), after its succeed to offload the oversold conditions in its previous trading, reinforcing the negative pressures on the price, on the other hand, the positive support that comes from its trading above EMA50 remains valid, which assisted the temporary stability.
Silver price rose in its last intraday trading, after leaning on the support of EMA50, which provided positive momentum that assisted it to achieve that gains, especially that the price is moving with a bullish correctional trend on the short- term basis, reflecting the attempts of the investors to dominate the trend, with the beginning of positive overlapping signals appearance on the (RSI), after reaching exaggerated oversold levels.