The (AUDUSD) price settled high in its last intraday trading, after it attempts to recover some of its previous losses, and attempts at the same time to offload some of its clear oversold conditions on the (RSI), especially with the emergence of the positive signals from them, with the price affection by breaking a bullish trend line on the short-term basis, and there are negative pressure due to its trading below EMA50, forming a double burden that prevents its recovery on the near-term basis.
The (USDCAD) price rose in its last intraday trading, amid the dominance of bullish correctional wave on the short-term basis, and its trading alongside a bias line that supports the stability of this trend, taking advantage of the dynamic support that is represented by its trading above EMA50, on the other hand, we notice the emergence of the negative signals on the (RSI), which decorated the last gains of the pair.
The (USDJPY) price settles with a strong rise in its last intraday trading, after breaching the critical resistance of 148.00, supported by the dominance of the main bullish trend on the short-term basis and its trading alongside a bias line, with the continuation of the positive pressure due to its trading above EMA50, on the other hand, we notice the appearance of negative overlapping signals on the (RSI), after reaching overbought levels, which might decelerate the upcoming gains of the pair.
The (GBPUSD) price rose in its last trading, attempting to recover some of its previous losses, and offloading some of its clear oversold conditions on the (RSI), especially with the beginning of positive overlapping signals.
This rise comes amid the continuation of the negative pressure that comes from its trading below EMA50, the trading alongside bearish correctional trend line intensifies the negative pressure on the short-term basis and indicates the dominance of the selling powers on the pair.