The USDCHF is under the dominance of the bullish correctional trend -Analysis-21-07-2025
AI Summary
- USDCHF price is experiencing a bullish correctional trend
- Positive pressure is coming from trading above EMA50
- Positive signals on the RSI after reaching oversold levels indicate potential for further gains
The (USDCHF) price settled high in its last intraday trading, amid the continuation of the positive pressure that comes from its trading above EMA50, providing bullish momentum previously, due to its lean on this support, amid the dominance of the bullish correctional trend on the short-term basis and its trading alongside a bias line, with the emergence of the positive signals on the (RSI), after reaching oversold levels.
NZDUSD surrenders to the negative pressure -Analysis-21-07-2025
The (NZDUSD) price slipped bearishly in its last intraday trading, as it reached the resistance of EMA50 previously, amid the dominance of the bearish trend dominance on the short-term basis and its trading alongside a bias line, besides the emergence of the negative signals on the (RSI), after reaching overbought levels.
The AUDUSD declines alongside bearish correctional bias -Analysis-21-07-2025
The (AUDUSD) price declined in its last intraday trading, amid the continuation of the negative pressure that comes from its trading below EMA50, and under the dominance of a bearish correctional wave on the short-term basis and its trading alongside a bias line, besides the emergence of the negative signals on the (RSI).
The USDCAD is surrounded by negative pressure -Analysis-21-07-2025
The (USDCAD) price rose in its last intraday trading, amid the dominance of the bullish correctional trend and its trading alongside a minor bias line on the short-term basis, with the continuation of the positive pressure that comes from its trading above its EMA50, besides the emergence of the positive signals on the (RSI), after reaching exaggerated oversold levels compared to the price move.