AUDUSD rose in its last intraday trading, taking advantage of its stability above the support level at 0.6390, besides its stability above the EMA50.
This positive performance comes supported by the continuation of the main bullish trend on the short-term basis, besides the price move alongside a minor bullish bias line, and the emergence of the positive signals on the (RSI).
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NZDUSD declined in its last intraday trading, in attempt to gain positive momentum that supports its recovery and rising again, leaning on the support of the EMA50, supported by the emergence of the positive signals on the (RSI).
This comes after the dominance of the main bullish trend on the short-term basis, where the prices move within a positive technical pattern- the symmetrical triangle pattern, which reinforces the chances for moving higher if the price succeeded to breach the top of this pattern.
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USDCHF rose slightly in its last intraday trading, after leaning on the support of its EMA50, which provided positive momentum, to use it in attempt to recover some of previous losses and attempting to offload some of its clear oversold conditions on the (RSI).
This comes after the pair’s sharp decline in its previous trading, amid the dominance of the main bearish trend on the short-term basis and its trading alongside trend line.
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Brent crude oil rose in its last intraday trading, supported by its continued stability above it EMA50, which confirms the continuation of the domination of the buying powers on the price movement.
This positive performance comes with the price trading alongside a bullish correctional trendline on the short-term basis, as a signal for increasing momentum to the upside trend, especially with the continuation of the positive signals emergence on the (RSI), despite approaching from overbought areas.
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