The (AUDUSD) price rose strongly on its last intraday levels, in attempt to recover some of its previous losses, supported by the emergence of positive signals from relative strength indicators, after reaching oversold levels, amid the dominance of bearish corrective wave on short-term basis, with the continuation of the negative pressure due to its trading below EMA50, which reduces the chances of the price full recovery on the near-term basis.

The (USDCAD) price declined in its last intraday trading, reaching EMA50’s resistance, which put it under negative pressure, besides the emergence of negative overlapping signals from relative strength indicators, after reaching exaggerated overbought conditions compared to the price move, intensifying the negative pressure and reducing the chances of its recovery on near-term basis.

The (USDJPY) declined in its last intraday trading, attempting to gain bullish momentum that might help it to recover and rise again, attempting to offload some of its overbought conditions on relative strength indicators, especially with the emergence of negative overlapping signals, amid the continuation of the positive support due to its trading above EMA50, which provides renewed bullish momentum, especially with the trading within bullish channel’s range that limited its previous trading on short-term basis.

GBPUSD rose cautiously in its last intraday trading, supported by the emergence of positive signals from relative strength indicators, after offloading its overbought conditions, despite the last gains, the price is under negative and dynamic pressure that is represented by its trading below EMA50, reinforcing the stability and dominance of the main bearish trend on short-term basis, especially with its trading alongside supportive trend line for this track.