The (AUDUSD) price opened the week’s trading with bearish price gap on its last intraday levels, amid the emergence of negative signals from relative strength indicators, to lean on EMA50’s support, accompanied by leaning on minor bullish trend line on short-term basis, gaining bullish momentum that helped it to rebound, to reduce a lot of its early losses, keeping its positive path.

The (USDCAD) price rose in its last intraday trading, due to the stability of 1.3630 support, which represents our expected target in our previous analysis, gaining bullish momentum that helped it to achieve cautious gains, attempting to recover previous losses, attempting to offload some of the clear oversold conditions on relative strength indicators, especially with the emergence of the positive signals from them, amid the continuation of the negative pressure due to its trading below EMA50, representing dynamic resistance that reduces the chances of near-term recovery.

The (USDJPY) rose in its last intraday trading, taking advantage of the dynamic and positive support that is represented by its trading above EMA50, reinforcing the stability and dominance of the main bullish corrective trend on short-term basis, especially with the trading alongside supportive trend line for this path, besides the emergence of positive signals from relative strength indicators.

GBPUSD declined in its last intraday trading, leaning on 1.3425 support, which represented an expected target in our previous analysis, gaining some bullish momentum that helped it to reduce some of its early losses, attempting to offload some of its clear oversold conditions on relative strength indicators, especially with the emergence of positive signals from there, amid the dominance of the bearish corrective trend on short-term basis, with its trading alongside supportive trend line for this path, besides dynamic resistance that is represented by the trading below EMA50, which reduces the chances of its full recovery on near-term basis.