(NZDUSD) settles lower in its recent intraday trading, attempting to look for higher low to use it as a base that might help it to gain the required bullish momentum for its recovery, to settle on EMA50’s support, amid the dominance of the bullish corrective trend on the short-term basis, with the emergence of positive overlapping signals from the relative strength indicators, after reaching severe oversold levels compared to the price action, to indicate forming a positive divergence that intensifies the positive pressures.

(AUDUSD) witnessed fluctuating trading in its latest intraday trading, benefiting from the positive support that is represented by its trading above EMA50, reinforcing the stability and dominance of the bullish corrective trend on the short-term basis, with its trading alongside supportive trend line for this path, on the other hand, we notice the emergence of positive signals from the relative strength indicators after offloading its overbought conditions.

The USDCAD price settles with series of consecutive gains in its last intraday levels affected by breaching a bearish corrective trend line on the short-term basis, with clear improvement in the bullish momentum, especially with a dynamic support that is represented by its trading above EMA50, which reinforces the chances of extending these gains in the near upcoming period, on the other hand, we notice the emergence of the negative signals from the relative strength indicators, after reaching overbought levels, which might reduce the upcoming gains temporarily.

The USDJPY price surged higher during its recent intraday sessions, breaching the key resistance of 162.80, which was our expected target in our previous analysis, with the emergence of positive signals from the relative strength indicators, despite reaching overbought levels, besides the continuation of the positive pressure due to its trading above EMA50, which reinforces the dominance and stability of the main bullish trend on the short-term basis.