(AUDUSD) settles higher in its latest intraday trading, surpassing the resistance of EMA50, benefiting from its positive support in its upcoming near period, especially with the dominance of the bullish corrective trend on the short-term basis, with its trading alongside supportive trend line for this path, besides the emergence of positive signals from the relative strength indicators.

The USDCAD price declined in its last intraday trading, amid the emergence of negative signals from the relative strength indicators, attempting to gain bullish momentum that might help it recover and rise again, with the continuation of the positive support that comes from its trading above EMA50, which reinforces the chances of this recovery amid the continuation of the main bullish trend on the short-term basis, with its trading alongside supportive trend line for this path.

The USDJPY price declined during its recent intraday sessions, attempting to look for a higher low to use it as a base that might help it gain the required bullish momentum for its recovery, amid the continuation of the positive support that comes from its trading above EMA50, reinforcing the stability and dominance of the main bullish trend on the short-term basis, with its trading alongside supportive minor trend line for this path. With the emergence of positive overlapping signals on the relative strength indicators, after reaching exaggerated oversold levels compared to the price action, reinforcing the chances of its recovery on the near-term basis.

GBPUSD rose in its recent intraday trading, affected by the stability of 1.3330 support, gaining bullish momentum that helps it to recover part of its previous losses, and it managed to offload its oversold conditions on the relative strength indicators, amid the dominance of bearish corrective wave on the short-term basis, affected by its exit from bullish channel’s range, besides the continuation of the negative pressure that comes from its trading below EMA50, reducing the chances of full recovery on the near-term basis.