The (USDCHF) price rose in its last intraday trading, due to the stability of the support level at 0.7950, which represents our target in our previous forecast, gaining bullish momentum that helped it to recover some of the previous losses, and attempting to offload its clear overbought conditions on the (RSI), especially with the emergence of positive overlapping signals from there, amid the dominance of the bearish trend on the short-term basis, and its trading below EMA50, reinforcing the negative pressure on the pair.
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The (NZDUSD) price settled with strong gains in its last intraday trading, amid the dominance of the bullish correctional trend on the short-term basis and its trading alongside supportive bias line, with the continuation of the positive pressure that comes from its trading above EMA50, on the other hand, we notice the emergence of negative overlapping signals on the (RSI), after reaching overbought levels, which reduced the last gains of the pair due to its neediness to offload some of the overbought conditions.
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The (AUDUSD) price declined in its last intraday trading, after reaching 0.6650 resistance that represents our suggested target, to have a truce to catch its breath and gather the gains on its previous rises, attempting to gain bullish momentum that might help it to keep the main bullish trend on the short-term basis amid its trading alongside supportive bias line, and the price attempts to offload some of its clear overbought conditions on the (RSI), especially with the emergence of the negative signals from there.
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The (USDCAD) price rose in its last intraday trading, amid the dominance of the main bullish trend on the short-term basis and its trading alongside supportive minor and main bias line for the track, especially with the continuation of the positive pressure that comes from its trading above EMA50, besides the emergence of the positive signals on the (RSI), after reaching oversold levels, intensifying the positive momentum.
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