The (NZDUSD) price witnessed a decline in its last intraday trading, affected by the negative signals of the relative strength indicators after reaching overbought levels, this decline comes with the price attempt to regather the required bullish momentum to keep its main bullish trend that dominates the trading on the short-term basis.

Despite the intraday decline, the price is leaning on key dynamic support that is represented by its trading above EMA50, reinforcing the possibilities of the recovery and resuming the rise in the upcoming sessions.

The (AUDUSD) price declined in its last intraday trading, amid the emergence of the negative signals on the relative strength indicators, after reaching overbought levels, attempting to gain bullish momentum that might help the price to keep the dominant main bullish track on the short-term basis, with the continuation of the dynamic pressure that is represented by its trading above EMA50, reinforcing the chances of recovery on the near-term basis.

The (USDCAD) price rose in its last intraday trading, due to the stability of the support level at 1.3820, attempting to correct the main bearish trend on the short-term basis, amid its trading alongside steep bearish trend, this rise was supported by the emergence of positive signals on the relative strength indicators after offloading its overbought conditions, opening the way for achieving more cautious corrective gains on the near-term basis.

The (USDJPY) declined in its last intraday trading, affected by the stability of the resistance level at 156.75, which represents our expect target in previous analysis, to gather the gains of its previous rises, attempting to gain bullish momentum that may help it to breach the resistance and offloading its overbought conditions on relative strength indicators, especially with the emergence of negative overlapping signals from there, amid the continuation of the dynamic support that is represented by its trading aboveEMA50, and under the dominance of the main bullish trend, affected by its exit from bearish corrective channel’s range.