The (NZDUSD) price rose in its last intraday trading, amid the attempts to breach the stubborn key resistance at 0.5845, supported by its continuous trading above EMA50, under the dominance of the main bullish trend on short-term basis, noticing that relative strength indicators reached oversold levels, indicating a likelihood of entering new bullish momentum that might push the price to extend its gains on near-term basis.

The (AUDUSD) price soars higher in its last intraday trading, reaching 0.6790 resistance, which represented a target in our previous analysis, amid the continuation of the positive support due to its trading above EMA50, reinforcing the stability and dominance of the main bullish trend on short-term basis, with its trading alongside minor supportive trend line for this track, besides the emergence of positive signals from relative strength indicators, despite its stability in overbought levels.

The (USDCAD) price declined in its last intraday trading, after recovering some of its previous losses, and it offloaded its oversold conditions on relative strength indicators, to enter exaggerated overbought areas compared to the price move, indicating a quick decline in the bullish momentum, amid the continuation of the negative pressure due to its trading below EMA50, affected by breaking bullish corrective trend line on the short-term basis.

The (USDJPY) extended its gains in its last intraday trading, preparing to attack 158.75 resistance, taking advantage of the main bullish trend dominance on the short-term basis, with its trading alongside supportive trendline, surpassing EMA50’s resistance, in a significant step to get rid of its negative pressure, supported by the emergence of positive signals from relative strength indicators.