(AUDUSD) declined in its latest intraday trading, amid the dominance of the main bearish trend on the short-term basis, and its trading alongside main and minor trend lines that support this path, beside ongoing negative pressure due to its trading below EMA50, which reduces the chances of full recovery in the near period, especially with the emergence of the negative signals from the relative strength indicators, after offloading its oversold conditions, opening the way for recording more losses.
USDCAD witnessed slight gains in its last intraday trading, supported by its continued trading above EMA50, which reinforces the strength and stability of the main bullish trend on the short-term basis, especially with its trading alongside minor trend line that supports this path, beside forming positive divergence by the relative strength indicators, after reaching oversold levels, exaggeratedly compared to the price move, with the emergence of the positive signals from them.
USDJPY is under the dominance of sideways moves in its last intraday trading, attempting to gain bullish momentum that might help it to keep the short-term bullish trend, especially with its trading alongside a supportive trend line for this path, besides a positive pressure due to its trading above EMA50, which reinforces the chances of a recovery with the emergence of positive signals from the relative strength indicators after reaching oversold levels.
GBPUSD declined in its recent intraday trading, with the continuation of the negative pressure that comes from its trading below EMA50, which represents dynamic resistance that reinforces the dominance and stability of the main bearish trend on short-term basis, with the emergence of the negative signals from the relative strength indicators, after reaching overbought levels, intensifying the negative pressure and suggesting more losses in its upcoming near trading.