The AUDUSD pair kept declining during its latest intraday trading, amid the dominance  of bearish corrective wave on short-term basis, with its trading alongside supportive trend line for this path, besides the continuation of the dynamic and negative pressure that is represented by its trading below EMA50, reducing the chances of the price full recovery on near-term basis, especially with the emergence of negative signals from the relative strength indicators.

The USDCAD pair declined during its latest intraday trading due to the firmness of the key and strong resistance level at 1.3735, alongside emerging negative signals from the relative strength indicators. The pair is now attempting to gain positive momentum that may help it break above this resistance.

This comes amid continued dynamic support, as the price is trading above EMA50, which strengthens the likelihood of this positive scenario, especially with its movement along a short-term ascending trendline.

The USDJPY pair rose in its latest intraday trading, taking advantage of the dynamic support that is represented by its trading above EMA50, after surpassing its negative pressure by the end of the last week trading, preparing to reach the key resistance at 159.80, amid the dominance of the main bullish trend on short-term basis, with its trading alongside supportive trend line for this path.

On the other hand, we notice the emergence of negative overlapping signals on the relative strength indicators, after reaching overbought levels, which might decelerate the upside moves, especially if its near resistance levels remain intact.

The GBPUSD pair es experiencing fluctuating trading on its last intraday levels, in attempt to recover some of its previous losses, attempting to offload some of its clear oversold levels on the relative strength indicators, especially with the emergence of positive overlapping signals from them, after its trading alongside main bearish trend line on short-term basis that it failed to breach it previously, and there is negative and dynamic pressure that is represented by its trading below EMA50, increasing the likelihoods of the negative pressures continuation on near term basis.