The (NZDUSD) price slipped lower in its last intraday trading, attempting to gain bullish momentum that may help it recover and breach the stubborn and key resistance at 0.5670, attempting to offload its overbought conditions on the relative strength indicators, especially with the emergence of the negative signals from there.
This comes amid the dynamic support that is represented by its trading above EMA50, reinforcing the strength of bullish corrective trend, especially with the trading alongside supportive trendline.
The (AUDUSD) price declined in its last trading on the intraday levels, amid the emergence of negative signals on the relative strength indicators, after offloading its oversold conditions in their previous trading, intensifying the negative pressure of the indicators, leaning on the support of their EMA50, in a last attempt to gain the required bullish momentum to recover.
The (USDCAD) price rose in its last intraday trading, amid the dominance of the main bullish trend on the short-term basis and its trading alongside trend line that reinforces the stability of this track, especially with the emergence of positive overlapping signals on the relative strength indicators, after offloading the overbought conditions, opening the way for achieving more gains in the upcoming period, on the other hand, the negative pressure remains valid due to the trading below EMA50, which reduces the chances of its full recovery.
The (USDJPY) rose slightly in its last intraday trading, due to its leaning of the support of EMA50, which represents dynamic support that kept the stability of the main bullish trend on the short-term basis, besides its trading alongside supportive trend line for this track, besides the emergence of the positive signals on the relative strength indicators, despite reaching overbought levels.