The (USDCHF) price declined in its last trading on the intraday levels, attempting to gain bullish momentum that might help it to rise again, to offload some of its clear overbought conditions on the (RSI), with the emergence of negative overlapping signals, amid the trading above EMA50, and under the dominance of the main bullish trend and its trading alongside a minor supportive bias line for this trend.
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The (NZDUSD) price rose in its last trading on the intraday levels, affected by the stability of the key support at 0.5910, gaining some positive momentum to recover some of its previous losses, amid the continuation of the negative pressure that comes from its trading below EMA50, affected by its exit from bullish correctional channel’s range that supported it in the last period on the short-term basis.
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The (AUDUSD) price rose in its last intraday trading, due to the stability of the key support level at 0.6485. gaining some of the positive momentum to help it achieve these gains that target recover some previous losses, and attempting to offload its clear oversold conditions on the (RSI), amid its affection by its exit from minor bullish channel’s range that limited its previous trading on the short-term basis, with the continuation of the negative pressure that comes from its trading below EMA50, which prevented the pair’s recovery in the previous period.
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The (USDCAD) price settled high in its last intraday trading, amid the dominance of the main bullish trend on the short-term basis and its trading alongside a minor supportive bias line for this track, supported by its continuous trading above EMA50, besides the emergence of the positive signals on the (RSI), these factors help the price to recover after it attempted to gather positive momentum in its previous trading by the sideways trading.
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