The (NZDUSD) price declined in its last intraday trading, after reaching EMA50’s resistance which put it under negative pressure, accompanied by testing bearish corrective trend line on the short-term basis, accompanied by testing bearish corrective trend line on the short-term basis. The emergence of negative overlapping signals on the relative strength indicators intensified the dominance of the sellers, after reaching exaggerated overbought levels compared to the price movement.

The (AUDUSD) price declined in its last intraday trading, affected by forming negative technical formation on the short-term basis( head and shoulders pattern), with the continuation of the negative pressure due to its trading below EMA50, reducing the chances of a recovery in the near-term basis, especially after offloading its oversold conditions on the relative strength indicators, noticing the emergence of the negative signals from there, opening the way for recording more losses.

The (USDCAD) price witnessed fluctuated trading on its last intraday levels, amid the dominance of the main bearish trend on the short-term basis, with the continuation of the negative pressure due to its trading below EMA50, increasing the negative pressures on the price, on the other hand, we notice the emergence of positive signals on the relative strength indicators, after offloading its overbought conditions, leading it to fluctuate.

The (USDJPY) rose in its last intraday trading, getting rid of the negative pressure of EMA50 in its previous trading, amid the dominance of the bullish trend on the short-term basis, with the emergence of positive overlapping signals on the relative strength indicators, after offloading its overbought conditions, opening the way for achieving more gains on the near-term basis, especially with breaching its current resistance.