The (AUDUSD) price witnessed bullish rebound on its last intraday levels, due to its leaning on EMA50’s support, accompanied by its leaning on minor bullish trend line on short-term basis, gaining intensive bullish momentum that helped it to rebound quickly, especially with the emergence of positive signals from relative strength indicators, after offloading its overbought conditions, opening the way for targeting new resistance levels in the upcoming period.

The (USDCAD) price declined in its last intraday trading, affected by reaching EMA50’ s resistance, which formed negative pressure that obstructed extending the gains in the previous period, affected by breaking bullish corrective trend line on short-term basis, with the emergence of negative signals from relative strength indicators, after reaching severe overbought levels compared to the price move.

The (USDJPY) declined in its last intraday trading, attempting to look for higher low to use it as a base that might help it to gain the required bullish momentum for its recovery, amid the continuation of the dynamic support that is represented by its trading above EMA50, under the dominance of bullish corrective wave on short-term basis, with its trading alongside supportive trend line for this path, noticing the emergence of positive signals from the relative strength indicators, after reaching oversold levels.

GBPUSD rose slightly in its last intraday trading, in attempt to recover some of its previous losses, attempting to recover some of its oversold conditions on relative strength indicators, especially with the emergence of positive overlapping signals, affected by the negative pressure due to its trading below EMA50, which reinforces the stability and dominance of the bearish corrective trend on short-term basis, especially with the trading alongside supportive trend line for this bearish trend.