The (NZDUSD) price deepened its losses in its last intraday trading, affected by the negative pressure of surpassing EMA50’s support, with the emergence of the negative signals on the relative strength indicators, leading the price to surpass the support of main bullish trend line on the short-term basis, intensifying the negative pressure in the upcoming period.
The (AUDUSD) price rose in its last intraday trading, amid the dominance of the main bullish trend on the short-term basis, with its trading alongside supportive trend line for this trend, at the same time, the price takes advantage of its trading above EMA50, which represents dynamic support that reinforces the chances of its recovery on the near-term basis, especially with the emergence of positive overlapping signals on the relative strength indicators, after reaching oversold levels.
The (USDCAD) price witnessed fluctuated in tight range in its last intraday levels, amid its trading alongside main bearish trend line on a short-term basis, with the continuation of the negative pressure due to its trading below EMA50, especially with the emergence of the negative signals from the relative strength indicators, after reaching overbought levels.
The (USDJPY) settles with gains in its last intraday trading, after surpassing the resistance of its EMA50, to surpass its negative pressure, especially with the emergence of the positive signals from the relative strength indicators, despite reaching overbought levels, amid the dominance of the main bullish trend and trading alongside minor tend line on the short-term basis.