The (AUDUSD) price settled lower in its last intraday trading, due to the stability of the solid resistance at 0.6670, leaning on bullish trend line on the short-term basis, accompanied by its leaning in the support of EMA50, reinforcing the chances of gaining the required bullish momentum to breach this resistance, especially with the emergence of positive overlapping signals on the relative strength indicators, after reaching oversold levels.
The (USDCAD) price declined in its last intraday trading, preparing to break the current support at 1.3755, amid the continuation of the negative pressure due to its trading below EMA50, reinforcing the stability and dominance of the main bearish trend, especially with its trading alongside steep trend line, on the other hand we notice the positive signals from the relative strength indicators, after reaching oversold levels, which might reduce the upcoming losses.
The (USDJPY) declined in its last intraday trading, attempting to gather bullish momentum that may help it recover and rise again, attempting at the same time to offload its overbought conditions on the relative strength indicators, especially with the emergence of the negative signals from them, leaning on the support of its EMA50, amid the dominance of the main bullish trend on the short-term basis, and its trading alongside trend line that reinforces the stability and dominance of this track on the near-term basis.
GBPUSD rose in its last trading in the intraday levels, amid its attempts to look for rising low to help it gain the required bullish attempts to recover, amid the continuation of the dynamic support that is represented by its trading above EMA50, reinforcing the chances of its recovery in the upcoming period, especially with the dominance of the bullish trend on the short -term basis and its trading alongside trend line, besides the emergence of positive divergence on the relative strength indicators, after reaching exaggerated oversold levels compared to the price movement, with the emergence of the positive signals from there.