The (AUDUSD) price rose in its last intraday trading, amid the dominance of the main bullish trend on the short-term basis, with its trading alongside supportive trend line for this trend, at the same time, the price takes advantage of its trading above EMA50, which represents dynamic support that reinforces the chances of its recovery on the near-term basis, especially with the emergence of positive overlapping signals on the relative strength indicators, after reaching oversold levels.
The (USDCAD) price witnessed fluctuated in tight range in its last intraday levels, amid its trading alongside main bearish trend line on a short-term basis, with the continuation of the negative pressure due to its trading below EMA50, especially with the emergence of the negative signals from the relative strength indicators, after reaching overbought levels.
The (USDJPY) settles with gains in its last intraday trading, after surpassing the resistance of its EMA50, to surpass its negative pressure, especially with the emergence of the positive signals from the relative strength indicators, despite reaching overbought levels, amid the dominance of the main bullish trend and trading alongside minor tend line on the short-term basis.
GBPUSD declined in its last intraday trading, amid the emergence of negative signals from relative strength indicators, attempting to look for rising low to take it as a base to help it gain the required bullish momentum for its recovery, to lean on EMA50’s support as a last chance for gaining this momentum, especially with the dominance of the main bullish trend on the short-term basis and its trading alongside supportive trend line for this track.