The (USDCHF) price rose in its last trading on the intraday levels, supported by the emergence of positive signals on the (RSI), after reaching oversold levels previously, attempting to offload some of its previous losses, amid the continuation of the negative pressure that comes from its trading below EMA50, affected by breaking minor bullish trend line on the short-term basis.
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The (NZDUSD) price declined in its last trading on the intraday levels, attempting to gain positive momentum that might help it to recover and rise again, and attempting to offload some of its clear overbought condition on the (RSI), especially with the emergence of the negative signals from there, amid the continuation of the positive support that comes from its trading above EMA50, and under the dominance of bullish correctional wave on the short-term basis and its trading alongside supportive bias line for this track.
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The (AUDUSD) price settled with sharp gains in its last intraday trading, affected by breaching the resistance level at 0.6540 yesterday, taking advantage of the dynamic support that is represented by its trading above EMA50, and under the dominance of minor bullish wave on the short-term basis and its trading alongside supportive bias line for this track, besides the emergence of the positive signals on the (RSI), besides reaching overbought levels.
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The (USDCAD) price declined in its last intraday trading, due to the negative pressure that comes from its stability below EMA50, breaking the minor bullish trend line on the short-term basis, this technical break reinforces the strength of the sellers and supports the continuation of the bearish scenario, accompanied by the emergence of the negative signals on the (RSI),adding extra pressure on the pair and opens the way for testing lower support levels in the upcoming period.
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