The (AUDUSD) price rose in its last intraday levels, amid the continuation of the dynamic support that is represented by its trading above EMA50, and under the dominance of the bullish trend on the short-term basis and its trading alongside a bias line, besides the emergence of the positive signals on the (RSI), after offloading its overbought conditions.
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The (USDCAD) price rose in its last intraday trading, to attack the current resistance at 1.3865, supported by its continuous trading above EMA50, besides the emergence of the positive signals on the (RSI), despite reaching overbought levels, this comes amid the dominance of the main bullish trend on the short-term basis and its trading alongside supportive bias line for the track.
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The (USDJPY) declined slightly in its last intraday trading, after strong bullish wave led the (RSI) to reach overbought levels, which suggest the beginning of forming negative divergence, especially with the emergence of negative overlapping signals from them, amid the continuation of the negative pressure that comes from its trading below EMA50, and under the dominance of minor bearish trend on the short-term basis.
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The (GBPUSD) price rose in its last intraday trading, after its decline in yesterday’s trading, affected by the stability of the critical resistance at 1.3585, attempting to gain bullish momentum that might help it to breach this resistance, and it kept declining until the (RSI) indicators entered oversold levels, to indicate forming positive divergence, indicating the wanning of bearish factors and the beginning of gaining the bullish momentum, amid the continuation of the positive pressure that comes from its trading above EMA50, and under the dominance of the bullish trend on the short-term basis and its trading alongside a bias line.
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