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The AUDUSD is stable by the effect of critical support -Analysis-13-05-2025
The (AUDUSD) price settled on a decline in its recent intraday trading, affected by leaning on the critical support at 0.6355, providing some of the positive momentum to attempt to recover some of its previous losses, to offload its clear oversold conditions on the (RSI) indicators, especially with the emergence of the positive signals from them.
This comes amid the dominance of a bearish correctional wave on the short-term basis and its trading alongside a bias line, with the continuation of the negative pressure that is caused by its trading below its EMA50.
The NZDUSD is surrounded by bearish signals -Analysis-13-05-2025
The (NZDUSD) price declined in its recent intraday trading, deepening its previous losses amid the dominance of the bearish correctional trend on the short-term basis and its trading alongside the bias line, with the emergence of the negative signals on the (RSI), despite reaching oversold levels.
MoreThe USDCHF gathers its positive strength -Analysis-13-05-2025
The (USDCHF) price declined in its recent intraday trading, affected by the stability of the resistance level at 0.8445, representing 50%Fibonacci correction level for the last bearish wave on the short- term basis (from 0.8854 to 0.8039).
MoreSilver price retests a key resistance -Analysis-13-05-2025
silver price settled in its recent intraday trading, retesting the critical resistance level at $32.70, this level represents the border line between the positive and negative scenario, but the negative scenario is supported by reaching the resistance of EMA50, and the price trading alongside a bearish bias line on the short-term basis, on the other hand, we notice the emergence of the positive signals on the (RSI).
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