NZDUSD is amid positive expectations -Analysis-11-02-2026

The (AUDUSD) price surged higher in its last intraday trading, to breach the key resistance at 0.7090, taking advantage of the dynamic support that is represented by its trading above EMA50, amid full dominance for the main bullish trend on short-term basis, with its trading alongside supportive minor trend line for this path, noticing the emergence of positive signals from relative strength indicators, which supports extending its gains on near-term basis.

The (USDCAD) price declined in its last intraday trading, amid the continuation of the negative pressure due to 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 path, with the emergence of negative signals from relative strength indicators, after offloading its oversold conditions, which increases the chances of extending the losses on near-term.

The (USDJPY) deepened its losses on its last intraday trading, to continue its sharp decline after breaking bullish corrective trend line previously on short-term basis, accompanied by the continuation of the negative pressure due to its trading below EMA50, which increases the selling pressures on the pair.