The USDCHF is getting rid of its negative pressure-Analysis-20-08-2025
AI Summary
- USDCHF price rose in intraday trading after removing negative pressure of EMA50, gaining positive momentum
- Current resistance at 0.8090 being attacked amid main bullish trend and minor supportive bias line
- BestTradingSignal.com offers professional trading signals with high accuracy for various markets, with subscription packages available starting from €44/month
The (USDCHF) price rose in its last intraday trading, after getting rid of the negative pressure of the EMA50, gaining positive momentum that helped it to achieve the strong gains, to attack its current resistance at 0.8090, amid the dominance of the main bullish trend and its trading alongside a minor supportive bias line for this trend, with the emergence of the positive signals on the (RSI), intensifying the positive momentum on the near-term basis.
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NZDUSD slips lower-Analysis-20-08-2025
The (NZDUSD) price slipped lower in its last intraday trading, breaking the critical support at 0.5855, confirming its momentum to resume the decline, as there aren’t any support can prevent this bleeding on the near-term basis, amid the dominance of the main bearish trend on the short-term basis and its trading alongside a supportive bias line, with the emergence of the negative signals on the (RSI), despite reaching oversold levels.
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The AUDUSD breaks its current support -Analysis-20-08-2025
The (AUDUSD) price kept declining in its last intraday trading, breaking the current support level at 0.6455, opening the way for recording more of the losses on the near-term basis, amid its move alongside a minor bearish trend line on the short-term basis, with the emergence of the negative signals on the (RSI), despite reaching oversold levels, indicating the strength of the negative momentum.
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The USDCAD attacks critical resistance -Analysis-20-08-2025
The (USDCAD) price expanded its gains in its last intraday trading, attacking the critical resistance level at 1.3875, amid the dominance of the main bullish trend and its trading alongside a minor supportive bias line for this trend, with the continuation of the positive pressure due to its trading above EMA50, beside the emergence of the positive signals on the (RSI), despite reaching overbought levels, which opens the way for some correctional rebounds that target to offload this overbought condition.
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