(NZDUSD) rose slightly in its recent intraday trading, preparing to reach the key resistance level at 0.5780, taking advantage of the positive support that comes from its trading above EMA50, which represents a dynamic support base that reinforces the dominance of the bullish corrective trend on the short-term basis, with its trading alongside supportive trend line for this path, with the emergence of the positive signals from the relative strength indicators after reaching exaggerated oversold levels compared to the price move, which is considered as a clear signal for a new bullish momentum.

(AUDUSD) settles lower in its latest intraday trading, with the emergence of the negative signals from the relative strength indicators, after reaching overbought levels. The pair leans on EMA50’s support, attempting to gain bullish momentum that might help it to recover and rise again, amid the dominance of bullish corrective wave on the short-term basis, with its trading alongside supportive trend line for this path.

USDCAD witnessed limited gains in its last intraday trading, due to the stability of the key support at 1.4145, gaining some bullish momentum amid the dominance of bearish corrective wave on the short-term basis, affected by breaking bullish trend line previously, with the continuation of the negative pressure due to its trading below EMA50, which reduces the chances of full recovery in the near upcoming period, especially with the relative strength indicators reaching severe overbought levels compared to the price action, as a clear signals for a quick lose for this momentum.

USDJPY surged in its last intraday trading, taking advantage from the positive signals from the relative strength indicators after reaching oversold levels, amid the continuation of the main bullish trend dominance on the short-term basis, with its trading alongside minor support line that supports this trend and reinforces the stability of the buying momentum.

The price attempts to surpass the resistance of EMA50, which represents an important technical turn, as its success in surpassing this barrier could help it surpass the last negative pressure, and reinforce the chances of completing the recovery and targeting higher resistance levels in the near upcoming period.