The (NZDUSD) price rose in its last intraday trading, supported by the emergence of positive signals from the relative strength indicators, with the stability of 0.5740 support, gaining some bullish momentum, despite this performance, the pair remains under negative pressure due to its trading below EMA50, with its trading within bearish corrective channel’s range on short-term basis, keeping the bearish scenario valid in the upcoming period.

The (AUDUSD) price settles on gains in its last intraday trading, attempting to get rid of the negative pressure of EMA50, to announce its recovery to extend its intraday gains on a near-term basis, amid the dominance of the main bullish trend on a short-term basis, with its trading alongside minor supportive trend line for this trend, noticing the emergence of the positive signals from the relative strength indicators.

The (USDCAD) price settles on a decline in its last intraday trading, amid the emergence of negative signals from relative strength indicators, despite reaching exaggerated oversold levels compared to the price move, indicating a quick decline for the surrounding negative pressure, amid the dominance of the bullish corrective trend on a short-term basis, with its trading alongside supportive trend line for this trend, taking advantage of the dynamic support that is represented by its trading above EMA50, reinforcing the chances of the pair’s recovery on near-term basis.

The (USDJPY) declined in its last intraday trading, amid the attempts to correct the main bullish trend on a short-term basis, with the emergence of negative signals from the relative strength indicators, after offloading its oversold conditions, opening the way for recording more downside moves in the upcoming period.

On the other hand, the pair remains supported by its continued trading above EMA50, which reinforces the stability and dominance of the main bullish trend, especially with its trading alongside supportive trend line for this trend on a short-term basis.