The (AUDUSD) price rose in its last intraday trading, affected by the stability of the critical support at 0.6420, gaining a positive momentum that helped it to achieve gains for recovering some of its previous losses, attempting to offload its clear oversold conditions on the (RSI) its trading alongside a minor bias line on the short-term basis, indicating the strength and the dominance of the negative momentum on the trading in the near-term basis.
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The (USDCAD) price settled high in its last trading on the intraday levels, amid the dominance of the main bullish trend and its trading alongside a supported bias line for the track, with the continuation of the positive pressure due to its trading above EMA50, on the other hand, we notice the emergence of negative overlapping signals on the (RSI), after reaching overbought levels, which might reduce the upcoming gains.
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The (USDJPY) extended its gains in its last intraday trading, attacking the critical resistance level at 148.50, this level was our target in our previous resistance, amid the dominance of the main bullish trend on the short-term basis and its trading alongside a supportive bias line for this track, with the continuation of the positive pressure due to its trading above EMA50, on the other hand, we notice the emergence of negative overlapping signals on the (RSI), after reaching overbought levels, which might reduce the upcoming gains.
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The (GBPUSD) price continued its decline in its last intraday trading, amid its trading alongside a minor bearish bias on the short-term basis, with the continuation of the negative pressure due to its trading below EMA50, breaking the support level of 1.3420, which represents our target in our previous reports, with the emergence of negative signals on the (RSI), despite reaching oversold levels.
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