The (NZDUSD) price rose in its last trading on the intraday basis, attempting to recover some of its previous losses, with the continuation of the negative pressure due to its trading below its EMA50, reinforcing the strength and dominance of the main bearish trend on the short-term basis with its trading alongside trendline, besides the relative strength indicators reaching sever overbought levels compared to the price movement, which suggest forming negative divergence.
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The (AUDUSD) price rose in its last intraday trading, supported by the emergence of the positive signals on the relative strength indicators, after reaching oversold levels, to attempt to recover some of the previous losses, amid the continuation of the negative pressure due to its trading below EMA50, and under the dominance of the bearish corrective trend on the short-term basis and its trading alongside trendline.
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The (USDCAD) price declined in its last intraday trading, attempting to look for a rising low to help it to gain the required bullish momentum for its recovery, amid the continuation of the dynamic pressure that represented by its trading above EMA50, and under the dominance of the main bullish trend on the short-term basis and its trading alongside trendline, besides the emerging of positive crossover on the relative strength indicators, after reaching oversold levels, exaggeratedly compared by the price movement, which suggest the beginning of forming positive divergence.
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The (USDJPY) declined in its last intraday trading, amid the emergence of the negative signals on the relative strength indicators, to surpass the critical support of 151.50, by its trading within bearish corrective channel on the short-term basis, to lean on the support of its EMA50, as a last chance for gaining the positive momentum, which might help it to recover.
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