Silver Price expands its gains- Analysis-05-09-2025
AI Summary
- Silver price rose in last intraday trading, taking advantage of positive divergence on RSI and bullish trend
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The (silver) price rose in its last intraday trading, taking advantage of forming positive divergence on the (RSI), after reaching oversold levels, with the emergence of the positive signals from there, amid the dominance of the main bullish trend on the short-term and its trading alongside a supportive minor bias line for this bullish trend, besides the dynamic support that is represented by its trading above EMA50, which renews the bullish momentum.
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The USDCHF price surrenders to the negative pressure-Analysis-05-09-2025
The (USDCHF) price declined in its last intraday trading, affected by testing bearish correctional trend line on the short-term basis, which puts it under the negative pressure that intensified when the (RSI) reached overbought levels, to show negative signals with the price decline, on the other hand, the price remains taking advantage of the positive support that comes from its trading above EMA50, which might reduce the losses on the near-term basis.
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NZDUSD is attempting to offload its oversold conditions -Analysis-05-09-2025
The (NZDUSD) price reinforced its gains in its last trading on its intraday levels, attempting to offload its clear oversold conditions on the (RSI), especially with the emergence of the positive signals from there, approaching from the resistance of EMA50,putting it under negative pressure again, amid its trading alongside minor bearish trend line on the short-term basis that intensifies the negative pressure and reduces the chances for the price recovery on the near-term basis.
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The AUDUSD price is recovering -Analysis-05-09-2025
The (AUDUSD) price soars high in its last intraday trading, after its lean on bullish correctional trend line on the short-term basis, gaining bullish momentum that assisted it to reduce a lot of its trading above EMA50, reinforcing the chances for extending the gains with the emergence of the positive signals on the (RSI), after reaching oversold levels.
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