The (AUDUSD) price declined in its last intraday trading, amid the continuation of the negative pressure due to its trading below EMA50, reducing the chances of the price recovery on near-term basis. The last decline confirmed breaking main bullish trend line on short-term basis, with the emergence of negative signals from relative strength indicators.
The (USDCAD) price rose in its last trading on intraday levels, preparing to reach the key resistance at 1.3720, amid the dominance of bullish corrective wave on short-term basis, and its trading alongside supportive trend line for this path, with the continuation of the positive dynamic pressure due to its trading above EMA50, reinforcing the chances of the price rise, especially with the emergence of positive overlapping signals from relative strength indicators, after offloading its overbought levels, opening the way for achieving new gains on near-term basis.
The (USDJPY) rose in its last intraday trading, amid the dominance of bullish corrective wave on short-term basis, supported by its continued trading above EMA50, representing dynamic support that reinforces the stability of the gains, especially with the emergence of positive overlapping signals from relative strength indicators, after offloading its overbought conditions, opening the way for extending its gains in the upcoming period.
GBPUSD returned to decline in its last intraday trading, after offloading its oversold conditions on relative strength indicators, to notice the emergence of negative overlapping signals, intensifying the negative pressure on the price, especially with the continuation of its trading below EMA50, with the dominance of the bearish corrective trend on short-term basis, and its trading alongside supportive trend line for this path.