The (AUDUSD) price declined in its last intraday trading, due to the stability of the key resistance at 0.6590, to gather the gains of its previous rises, attempting to gather a positive momentum that might assist it to breach this resistance in the future, and it attempts to offload its clear overbought conditions on the (RSI), especially with the emergence of the negative signals from there, taking advantage of the dynamic support that is represented by its trading above EMA50, and under the dominance of the main bullish trend on the short-term basis and its trading alongside a bias line.
The (USDCAD) price rose in its last intraday trading, affected by breaching a main bearish trend line on a short-term basis, supported by its continuous trading above EMA50, with the emergence of the positive signals on the (RSI), after offloading its overbought conditions, opening the way for achieving more of the gains on the intraday basis.
The (USDJPY) price opens this week with clear fluctuation, where it declined, attempting to gather the gains of its previous rises, and attempts to offload some of its clear overbought conditions on the (RSI), especially after the emergence of the negative signals from there, gathering its positive strength that might help it recover and rise again.
This came amid its trading alongside a bullish correctional trend line on the short-term basis, indicating the strength of this wave of dominance on the trading, taking advantage of the dynamic support that is represented by its trading above EMA50.
The (GBPUSD) price kept declining in its last trading, amid the dominance of the bearish correctional trend on the short-term basis and its trading alongside a bias line, with the continuation of the negative pressure due to its trading below EMA50, to get ready to break the current support at 1,3460, on the other hand, we notice the beginning of forming positive overlapping signals of the (RSI), after reaching oversold levels, which might reduce the losses in the upcoming period.