The (AUDUSD) price declined in its last intraday trading, after the price success in offloading some of its clear oversold conditions on the (RSI), opening the way for recording more of the losses, amid the dominance of bearish wave, and breaking the line of a bullish trend on the short-term basis, with the continuation of the negative pressure that comes from its trading below EMA50, which forms an intensive bearish pressure on its upcoming trading.
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The (USDCAD) price settled with strong gains in its last intraday trading, to attempt to gather the gains of its last rises, and attempt to gain bullish momentum to help it keep this strong positive situation, to offload some of its clear overbought conditions on the (RSI), especially with the beginning of negative overlapping signals from there, amid the full dominance on the main bullish trend on the short-term basis, indicating the heavy volume of the bullish momentum of the price.
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The (USDJPY) price declined in its last intraday trading, gathering the gains of its last rises and attempts to gain a bullish momentum that might help it to breach the critical resistance level at 149.00, amid the dominance of the main bullish trend on the short-term basis and its trading alongside a supportive bias for the trend, with the continuation of the positive pressure by 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 rose in its last trading on the intraday levels, due to the stability of its current support at 1.322, amid the dominance of the main bearish trend on the short-term basis and its trading alongside main and minor bias lines that support this trend, with the continuation of the negative pressure that comes from its trading below EMA50. The price attempts to recover some of its previous losses and offload some of its clear oversold conditions on the (RSI), with the beginning of positive overlapping signals from there.
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