(AUDUSD) rose in its latest intraday trading, with the emergence of the positive signals from the relative strength indicators, by a continued positive support due to its trading above EMA50, representing a dynamic support base that reinforces these gains in the near upcoming period, after breaching a main bearish trend line on the short-term basis, under the dominance of the bullish corrective trend.

USDCAD continued to decline in its last intraday trading, breaking the key support level at 1.4145, affected by breaking bullish trend line on the short-term basis, with the continuation of the negative pressure that comes from its trading below EMA50, reducing the chances of a full recovery in the near upcoming period, especially with the emergence of the negative signals from the relative strength indicators, after offloading its oversold levels, opening the way for recording more losses in the near upcoming period.

USDJPY declined in its last intraday trading, with the continuation of the negative signals’ emergence on the relative strength indicators, despite reaching oversold levels, as a signal for the continuation of the selling pressures.

This decline accompanied by breaking EMA50, which turned into a dynamic resistance that intensified the negative pressures, increasing the likelihoods of deepening the corrective losses in the near upcoming period, this negative overview will be preferred by confirming the near support levels, opening the way for more downside moves towards lower levels.

GBPUSD rose in its recent intraday trading, approaching the resistance level at 1.3440, which was our previous expected targets, after offloading its overbought conditions on the relative strength indicators, with the emergence of positive crossover, opening the way for targeting new resistance levels, especially with the dominance of the bullish corrective trend on the short-term, with its trading alongside supportive trend line, besides the continuation of the positive pressure that comes from its trading above EMA50, reinforcing the chances of extending these gains in the near upcoming period.