The USDCHF breaks a minor bullish trend line-Analysis-13-08-2025
AI Summary
- USDCHF price declined after breaking a minor bullish trend line and surpassing EMA50 support
- RSI indicators have reached oversold levels, which may reduce losses in upcoming trading
- BestTradingSignal.com offers professional trading signals for US stocks, crypto, forex, and VIP signals for various markets via Telegram subscriptions.
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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The USDCAD is gathering its positive strength -Analysis-13-08-2025
The (USDCAD) price declined in its last intraday trading, in an attempt to gain positive momentum that might help it to recover and rise again, leaning on the support of the EMA50, amid its trading alongside a main bullish trend on the short-term basis, with the emergence of the positive signals on the (RSI), after the price success in offloading overbought conditions previously.
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