The (AUDUSD) price declined in its last intraday trading, due to the stability of the critical resistance level at 0.6535, attempting to gain a positive momentum that might assist it to recover and rise again to breach this resistance, and attempting to offload some of its clear overbought conditions on the (RSI), especially with the emergence of the negative signals, amid the continuation of the negative pressure due to its trading above its EMA50, and its trading within a minor bullish channel’s range that limits its previous trading on the short-term basis.
The (USDCAD) price rose in its last intraday trading, with its stability below 1.3690 level, amid the domination of the main bearish trend and its trading alongside the minor bias line on the short-term basis, suffering from its continuous trading below its EMA50, forming a negative pressure that prevented the price recover in the last period, the price is attempting to recover some of its previous losses.
The (USDJPY) price rose in its last intraday trading, due to the stability of the critical support level at 142.35, providing positive momentum accompanied by the emergence of the positive signals on the (RSI), after reaching oversold levels, amid its trading alongside a minor bearish bias on the short-term basis, to hit the resistance of its EMA50.
The (GBPUSD) price declined in its last intraday trading, due to the stability of the key resistance at 1.3585, in attempt to gain a positive momentum that might assist it to breach this resistance, and attempts to offload its clear overbought conditions on the (RSI), especially with the emergence of the negative signals, amid the dominance of the main bullish trend and its trading alongside a minor bias line on the short-term basis, with the continuation of the positive support that comes from its trading above its EMA50.