The (AUDUSD) price rose in its last intraday trading, supported by the emergence of the positive signals on the relative strength indicators, reaching sever overbought levels compared to the price movement, reaching the resistance of its EMA50, accompanied by testing bearish correction trendline on the short-term basis, intensifying the strength of this area as a resistance against the price’s recovery attempts.

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The (USDCAD) price rose slightly in its last intraday levels, supported by the emergence of the positive signals on the relative strength indicators, after reaching oversold levels, with the continuation of the positive pressure that comes from its trading above EMA50, reinforcing the chances of the price recovery on the near-term basis, amid the dominance of the bullish trend on the short-term basis and its trading alongside supportive trend line for this track.

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The (USDJPY) rose in its last trading on the intraday basis, as it leans to the support of bullish correction trend line on the short-term basis, gaining bullish momentum that intensified with the continuation of its trading above EMA50, besides the formation of positive divergence on the relative strength indicators, after reaching oversold levels, exaggeratedly compared to the price moves, reinforcing the chances for the price recovery.

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The (GBPUSD) price declined with fluctuating trading on its last intraday levels, affected by the stability of the key resistance at 1.3425, to remain under the dominance of the bearish correction trend on the short-term basis.

This comes amid the continuation of the negative pressure that comes from its trading below EMA50, besides the emergence of the negative signals from the relative strength indicators, after reaching overbought levels, that reinforces the continuation of the pressure on the trading.

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