The USDCHF attempts to recover -Analysis-01-08-2025
AI Summary
- USDCHF price rose in last intraday trading, confirming breach of significant resistance level at 0.8130
- Positive signals indicate potential for more gains on intraday basis
- BestTradingSignal.com offers professional trading signals for various markets, with subscription options available for different packages and savings based on length of subscription
The (USDCHF) price rose in its last intraday trading, to confirm breaching the significant resistance level at 0.8130, amid the dominance of the bullish correctional trend on the short-term basis and its trading alongside a supportive bias line for the trend, this rise came after its success in offloading its clear overbought conditions on the (RSI), with the beginning of positive overlapping signals, which opens the way for achieving more of the gains on the intraday basis.
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NZDUSD breaks critical support -Analysis-01-08-2025
The (NZDUSD) price settles with a sharp decline in its last intraday trading, breaking the critical support level at 0.5880, amid the dominance of the main bearish trend on the short-term basis, with the continuation of the negative pressure that comes from its trading below EMA50, besides the emergence of the negative signals on the (RSI), despite reaching oversold levels.
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The AUDUSD attempts to recover some of its losses -Analysis-01-08-2025
The (AUDUSD) price rose in its last trading on the intraday levels, attempting to recover some of its previous losses, and attempting to offload some of its clear oversold conditions on the (RSI), especially with the emergence of the positive signals, amid its trading alongside a bearish trend line, indicating the strength and dominance of this trend, with the continuation of the negative pressure that comes from its trading below EMA50, reinforcing the negative scenario of the pair.
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The USDCAD is attacking its current resistance -Analysis-01-08-2025
The (USDCAD) price rose in its last trading on the intraday levels, attacking the current resistance at 1.3860, amid the dominance of the main bullish trend that indicates the strength of the positive momentum, supported by its continuous trading above EMA50, with the emergence of the positive signals on the (RSI), despite reaching overbought levels, which might decelerate the gains temporarily.
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