NZDUSD rose in its recent intraday trading, driven by positive signals from the relative strength indicators after it reached deeply oversold levels. This comes amid continued positive pressure as the price remains above EMA50, which strengthens the stability and dominance of the short-term upward trend, supported by its movement along a supportive trendline, enhancing the chances of extending gains in the near term.

AUDUSD fluctuated within a narrow range during recent intraday sessions as the pair attempts to gather positive momentum for a potential move toward higher resistance levels.

The pair remains supported by trading above EMA50, reinforcing the dominant short-term bullish trend. Price action also continues to follow an ascending trendline, adding further support to the positive outlook.

USDCAD moved higher during recent intraday trading after finding support at EMA50, helping the pair regain positive momentum and continue within a short-term corrective uptrend.

The pair remains supported by an ascending trendline, while offloading the overbought conditions on the relative strength indicators opens the way for further gains in the near term.

USDJPY continued its upward movement during recent intraday trading, breaking above the 159.80 resistance level, which was our previous target. The pair remains supported by a short-term bullish corrective trend and continues to trade above EMA50, reinforcing positive momentum.

However, relative strength indicators are beginning to show a bearish crossover after reaching overbought levels, raising the possibility of limited corrective pullbacks and profit-taking activity.