The (NZDUSD) price declined in its last intraday trading, preparing to break the critical support at 0.5975, amid the continuation of the negative pressure due to its trading below EMA50, and under the main bearish trend dominance on the short-term basis, and its trading alongside a bias line, to notice that the (RSI) indicators have reached exaggerated overbought levels compared by the price move, intensifying the negative pressure on it.
The (AUDUSD) price declined in its last intraday trading, amid its attempts to look for a rising low to take it as a base that might help it to gain the required positive momentum to recover, to lean on the support of its EMA50, accompanied by its lean on a bullish trend line on the short-term basis, in a last attempt to gain this positive momentum.
The (USDCAD) price witnessed fluctuated trading in its last intraday trading, attempting to gain a bullish momentum that might assist it to recover and rise strongly, amid its affection by breaching a main bearish trend line previously on the short-term basis, taking advantage of the dynamic support that is represented by its trading above EMA50, on the other hand, we notice the emergence of the negative signals on the (RSI), which might decelerate the rise.
The (USDJPY) price declined in its last intraday trading, to gather the gains of its last rises, and attempts to offload some of its overbought conditions on the (RSI), especially with the beginning of negative overlapping signals appearance, to gather its positive strength that might assist it to attack the critical resistance at 148.00, amid the dominance of the main bullish trend on the short-term basis and its trading alongside a bias line.