The AUDUSD rose in its recent intraday trading, to attack the critical resistance level at 0.6390, amid the dominance of strong bullish wave on the short-term basis, with the continuation of the positive support due to its trading above EMA50.
The formation of positive divergence in the (RSI) supports the price’s rise, after reaching the oversold levels, exaggerated with the price move, and there are positive signals come from them.
The NZDUSD witnessed a strong rise in its last intraday trading, to succeed to surpass the ley resistance at 0.5940, amid the dominance of the main bullish trend on the short-term basis, with the beginning of a divergence appearance compared with the price move, and there are positive signals come from it, increasing more of the positive momentum on the NZDUSD’s upcoming moves.
The USDCHF declined sharply in its last intraday trading, surpassing the critical support at 0.8130, waiting for a close below it to confirm breaking this support that still forming a base for the price for the last week’s trading.
This decline comes within the domination of the main bearish trend and its trading alongside the minor bearish trend line, with the negative signals of the (RSI), despite it reaching the oversold levels, and the price suffers its continuous trading below EMA50.
Gold price rose its recent intraday trading, recording new historical highs, to reach our target at $3,375, to begin attempting to breach it, supported by a clear positive momentum on the (RSI), affected by a strong bullish trend with its trading alongside a sharp minor trend line on the short-term basis.
These moves come within a strong bullish trend supported by several indicators, the most important is the trading above EMA50, which reinforces the chances for the continuation of the upside track.