The (AUDUSD) price rose in its last intraday trading, affected by the stability of the critical support level at 0.6485, gaining some of the bullish momentum that assisted it to recover some of its previous losses, attempting to offload some of its clear oversold levels on the (RSI), especially with the emergence of the positive signals from them.

This comes amid the continuation of the negative pressure that comes from its trading below EMA50, and under the dominance of bearish correctional wave on the short-term basis.

The (USDCAD) price declined in its last intraday trading, due to the stability of the resistance level at 1.3685, with the emergence of the negative signals on the (RSI), after reaching overbought levels, intensifying the negative pressure on the price, amid the dominance of the main bearish trend dominance on the short-term basis, and its trading alongside a bias line, on the other hand, the price take advantage of the dynamic support that is represented by its trading above EMA50, forming a support that might decelerate its losses temporarily.

The (USDJPY) price decline in its last intraday trading, to gather the gains of its previous rise, and attempts to gain a bullish momentum that might assist it to rise again, attempting at the same time to offload its clear overbought conditions on the (RSI), after the emergence of the negative signals from them, amid the dominance of strong minor bullish wave on the short-term basis, with the continuation of the positive support that comes from its trading above EMA50.

The (GBPUSD) price rose in its last intraday trading, after reaching our suggested target at q.3590 support, gaining positive momentum that affected its stability, especially with the emergence of the positive signals on the (RSI), after reaching oversold levels.

This comes amid the dominance of bearish correctional wave on the short-term basis, with the continuation of the negative pressure that comes from the pair’s trading below EMA50, forming a dynamic resistance that prevents the pair’s recovery.