The (AUDUSD) price rose in its last intraday trading, due to its lean on the support of its EMA50, providing positive momentum that assisted it to achieve these last gains, amid the dominance of the main bullish trend and its trading within a minor bullish channel’s range that limits its previous trading on the short-term basis, besides the emergence of the positive signals on the (RSI).
The (NZDUSD) price rose in its last intraday trading, due to the stability of the support level at 0.5985, supported by its continuous trading above its EMA50, and under the bullish trend domination and its trading alongside a minor bias line on the short-term basis, noticing the beginning of forming a positive divergence on the (RSI), after reaching exaggerated oversold levels compared to the price move, with the beginning of the positive signals appearance.
The (USDCHF) price declined in its last intraday trading, due to its reach to the resistance of its EMA50, besides the emergence of negative signals on the (RSI), after reaching exaggerated overbought levels compared to the price move, to begin a negative divergence, all that come amid the dominance of the bearish trend and its trading alongside a minor bias line on the short-term basis.
The (silver) price extended its gains in its last intraday trading, surpassing the critical resistance at $34.50, amid the dominance of the main bullish trend on the short-term basis and its trading alongside a bias line, with the continuation of the positive support that comes from its trading above its EMA50, the price rise came after its success in offloading its overbought conditions that was clear on the (RSI), providing a larger space for rising, especially with the emergence of the positive signals again.