(AUDUSD) rose in its latest intraday trading, attacking the key resistance of 0.6980, amid the dominance of bullish corrective wave on the short-term basis, with its trading alongside supportive trend line for this path, besides a continued dynamic support due to its trading above EMA50, which reinforces the chances of potential breakout and continuing the corrective upside moves in the near upcoming period.

USDCAD kept falling in its last intraday trading, after breaking 1.4090 support, which was our last expected target, amid the dominance of bearish corrective wave on the short-term basis, with the continuation of the negative pressure that comes from its trading below EMA50, despite the emergence of the positive signals from the relative strength indicators, after reaching oversold levels, which represents a clear signal for the strength of the bearish momentum.

USDJPY declined in its last intraday trading, leaning on EMA50’s support, in attempt to gain bullish momentum that hay help it to recover and rise again, amid the dominance of the main bullish trend on the short-term basis, with its trading alongside minor supportive trend line, besides the emergence of positive signals from the relative strength indicators, after offloading its overbought conditions, opening the way for targeting new resistance levels.

GBPUSD rose in its recent intraday trading, benefiting from its trading above EMA50, which acts as dynamic support and reinforces the chances of extending these gains in the near upcoming period, amid the trading alongside bullish trend line.

On the other hand, the relative strength indicators began sending cautious signals with the emergence of the negative signals after reaching overbought levels, indicating a potential decline for the bullish momentum or begin a limited corrective move before resuming the bullish trend, therefore, holding above the current support levels represents a main factor for the continuation of the positive overview in the upcoming period.