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NZDUSD attempts to recover some of its losses -Analysis-08-05-2025

Economies.com
2025-05-08 03:49AM UTC

 

The (NZDUSD) price rose in its recent intraday trading, attempting to recover some of its previous losses, and it attempts to offload some of its clear oversold conditions on the (RSI), especially with the beginning of positive overlapping signals emergence.

 

This comes due to the effect of breaking a bullish bias line previously on the short-term basis, besides its trading below EMA50, which forms extra negative pressure on the price in the upcoming trading.

 

 

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USDCHF attempts to surpass its negative pressure -Analysis-08-05-2025

Economies.com
2025-05-08 03:42AM UTC

The (USDCHF) price settled on a rise in its recent intraday trading, by the stability of the pair above the key support level of 0.8200, which provides positive momentum on the short-term basis, amid the dominance of a bullish correctional wave, with the beginning of the positive signals emergence on the (RSI), after reaching oversold levels, which makes the price attempts to get rid of the negative pressure of EMA50, to announce its recovery and resume the rise.

 

 

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Silver settles alongside a bullish correctional bias line -Analysis-08-05-2025

Economies.com
2025-05-08 03:35AM UTC

Silver price rose in its recent intraday trading, affected by its lean on a bullish correctional bias line previously on the short-term basis, gaining positive momentum that helped it to recover and rise again, especially with the emergence of the positive signals on the (RSI), after reaching oversold levels, to settle above its EMA50 and take advantage of its dynamic support in its upcoming trading.

 

 

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Brent crude oil rises affected by its current support -Analysis-08-05-2025

Economies.com
2025-05-08 02:45AM UTC

Brent crude oil price rose in its recent intraday trading, after reaching our target at $60.70, providing some of the positive momentum that assisted it to achieve these gains, amid the dominance of the main bearish trend on the short-term basis and its trading alongside the bias line, with the continuation of the negative pressure due to its trading below EMA50.

 

The price attempts to offload some of its clear oversold conditions on the (RSI), especially with the emergence of the positive signals, to recover some of its previous losses.

 

 

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