The (USDCHF) price settled high in its last intraday trading, after its success in recovering some of its previous losses, and it attempts to offload some of its clear oversold conditions on the (RSI), especially with the emergence of positive overlapping signals from there, amid its affection by breaking a main bullish trend line on the short-term basis, with the continuation of the negative pressure that comes from its trading below EMA50, intensifying the negative pressure on its move on the near-term basis.
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The (NZDUSD) price rose in its last trading on its intraday trading, amid the dominance of strong bullish correctional wave that has begun in the end of the last week, despite the continuation of the negative pressure that comes from its trading below EMA50, with the emergence of the negative overlapping signals on the (RSI), after reaching overbought levels, which might decelerate the rise on the near-term basis.
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The (AUDUSD) price returned to rise in its last intraday trading, after it succeeded in gathering the gains of its previous rises, to gather its positive strength that might assist it to recover and rise again, and it succeeded to offload some of its clear overbought conditions on the (RSI), opening the way for achieving more gains on the short-term basis, attempting to get rid of the negative pressure on the EMA50, announcing its full recovery.
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The (USDCAD) price rose in its last intraday trading, due to its lean on the support of its EMA50, accompanied by its lean on a main bullish trend line of the short-term basis, providing bullish momentum that assisted it to recover some of its previous losses, especially with the emergence of the positive signals on the (RSI), after reaching oversold levels.
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