The (AUDUSD) price has rebounded in its recent intraday trading, after reaching the support level at 0.5910, which gave it some positive momentum, pushing it higher in an attempt to recover some of the losses it previously incurred.

However, despite the pair’s rise, negative pressures still surround it, starting with the dominance of the short-term bearish trend, along with the appearance of negative signals from the relative strength indicators (RSI).

The (NZDUSD) has advanced in its recent trades at the intraday levels, as a result for the stability of the support level at 0.5515. This has given it some positive momentum, allowing it to recover some of the previous losses. However, the short-term bearish trend still the dominant, with the continuation of the negative pressure due to the pair trading below the EMA50.

The USDCHF pair’s price declined sharply in the recent intraday trading, amid negative signals that come from the Relative Strength Index (RSI), despite reaching highly oversold levels. This comes as the downtrend continues, with the pair trading alongside a short-term minor trend line.

Gold price (GOLD) has stabilized again above the $3,000 on its intraday levels, while trading along a main bullish trend line in the short- term basis. Positive signals are starting to appear again from the Relative Strength Index (RSI), indicating a strong recovery for the precious metal. However, it still faces the challenge of negative pressure due to its trading below the EMA50.