The (AUDUSD) price rose in its last intraday trading, supported by its trading above EMA50 with the emergence of positive overlapping signals on the (RSI), after reaching exaggerated oversold levels compared to the price move, opening the way for its recovery, amid the dominance of the main bullish trend on a short-term basis.
The (USDCAD) price declined in its last intraday trading, amid the dominance of the main bearish trend on the short-term basis and its trading alongside a bias line, with the continuation of the negative pressure due to its trading below EMA50, reinforcing the bearish track with the emergence of the negative signals on the (RSI), after it success in offloading some of its oversold conditions in its previous trading.
The (USDJPY) price declined in its last intraday trading, gathering the gains of its last rises and attempts to recover and rise again, and it is attempting to offload some of the clear overbought conditions on the (RSI), especially with the emergence of negative overlapping signals from them, amid the dominance of bullish correctional wave on the short-term basis and its trading alongside a bias line, supported by its trading above EMA50.
The (GBPUSD) price declined slightly in its last intraday trading, settling below the key resistance at 1.3670, at the same time it is under negative pressure due to its trading below EMA50, and under the dominance of bearish correctional wave on the intraday basis, besides the appearance of negative overlapping signals on the (RSI), after reaching overbought levels.