Silver Price reinforces its gains-Analysis-13-08-2025
AI Summary
- Silver price rose in trading, supported by bullish trend and trading above EMA50
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The (silver) price rose in its last trading on the intraday levels, amid the dominance of the main bullish trend and its trading alongside a minor supportive bias line for this trend, taking advantage of the dynamic positive pressure that comes from its trading above EMA50, this support prevents turning the negative move in its previous trading, despite reaching overbought levels.
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The USDCHF breaks a minor bullish trend line-Analysis-13-08-2025
The (USDCHF) price declined in its last trading on the intraday levels, after surpassing the support of its EMA50, putting it under negative pressure that led it to break a minor bullish trend line on the short-term basis, intensifying the negative pressure, on the other hand, we notice that the (RSI) indicators have reached oversold levels, which might reduce the losses in the upcoming trading as it needs to offload some of the oversold conditions.
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NZDUSD is recovering -Analysis-13-08-2025
The (NZDUSD) price rose in its last intraday trading, amid the dominance of the bullish correctional trend on a short-term basis and its trading alongside a supportive bias line for the trend, with the continuation of the positive pressure due to its trading above EMA50, preparing to breach the key resistance at 0.5970, with the emergence of the positive signals on the (RSI).
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The AUDUSD is getting ready to attack key resistance -Analysis-13-08-2025
The (AUDUSD) price rose in its last intraday trading, preparing to the key resistance at 0.6540 level, this resistance prevented reinforcing the previous gains, amid the dominance of minor bullish wave on the short-term basis and its trading alongside a supportive bias for this trend, with the continuation of the positive pressure that comes from its trading above EMA50, reinforcing the stability of the positive scenario.
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