The (AUDUSD) price returned to rise in its last intraday trading, after it succeeded in gathering the gains of its previous rises, to gather its positive strength that might assist it to recover and rise again, and it succeeded to offload some of its clear overbought conditions on the (RSI), opening the way for achieving more gains on the short-term basis, attempting to get rid of the negative pressure on the EMA50, announcing its full recovery.
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The (USDCAD) price rose in its last intraday trading, due to its lean on the support of its EMA50, accompanied by its lean on a main bullish trend line of the short-term basis, providing bullish momentum that assisted it to recover some of its previous losses, especially with the emergence of the positive signals on the (RSI), after reaching oversold levels.
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The (USDJPY) settled in its last intraday trading, after its attempts to recover some of the last week’s losses, and attempting to offload some of its clear oversold conditions on the (RSI), especially with the emergence of positive overlapping signals, hitting the resistance of the EMA50, which put it under negative pressure, accompanied by retesting a broken main bullish trend line.
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The (GBPUSD) price declined in its last intraday trading, to gather the gains of its previous rises, attempting to offload its clear overbought conditions on the (RSI), with the emergence of the negative signals from there, gathering its positive strength that might assist it to recover and rise again, to breach the current resistance at 1.3500, and surpassing the negative pressure of the EMA50, to announce its recovery and open the way for achieving mor gains.
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