The (AUDUSD) price declined in its last intraday trading, due to the stability of the key resistance at 0.6588, to attempt to gain positive momentum that might assist it to breach this resistance, and attempts to offload some of its clear overbought conditions on the (RSI), especially with the beginning of the negative signals appearance from them, amid the continuation of the dynamic support that is represented by its trading above EMA50, and under the dominance of the main bullish trend and its moves alongside a minor bias line on the short-term basis.
The (USDCAD) price rose in its last intraday trading, taking advantage of the positive pressure due to its continuous trading above EMA50, with the emergence of the bullish signals on the (RSI), reinforcing the positive momentum, breaching the main bearish trend line on the short-term basis, indicating its momentum to resume the correctional rise.
The (USDJPY) price rose in the last intraday levels, amid the dominance of the bullish correctional trend on the short-term basis and its trading alongside a bias line, taking advantage of the dynamic support that is represented by its trading above EMA50, reaching the key resistance at 147.00, supported by the emergence of the positive signals on the (RSI), despite reaching overbought levels.
The (GBPUSD) price declined in its last intraday trading, affected by the dominance of bearish correctional wave on the short-term basis, amid the weakness of the bullish momentum and the continuation of the technical pressures on the price.
This decline is supported by the continuation of the trading below EMA50, besides the emergence of the negative signals on the (RSI), indicating the markets prefer more bearish moves on the near-term basis, unless strong support emerges to change this trend.