The (NZDUSD) price settled on a decline in its last intraday trading, amid the dominance of the bearish corrective trend on the short-term basis, with the continuation of the negative pressure due to its trading below EMA50, which reduces the chances of the recovery on the near-term basis, on the other hand, we notice the emergence of positive overlapping signals from the relative strength indicators, which might help the price to show some cautious bullish rebounds.
The (USDJPY) rose in its last intraday trading, preparing to attack the solid resistance at 156.95, taking advantage of the dynamic support that is represented by its trading above EMA50, amid the dominance of the main bullish trend on the short-term basis, with its trading alongside minor trend line that reinforces this trend, besides the emergence of positive signals from the relative strength indicators, which intensifies the chances of the rise on the near-term basis.
The (AUDUSD) price fluctuated on its last intraday levels, attempting to gain bullish momentum to help it keep the main bullish trend, amid its trading alongside supportive trend line for this trend on the short-term basis, despite the fluctuation the price managed to breach 0.6725 key resistance, taking advantage of the dynamic support that is represented by its trading above EMA50, with the emergence of positive signals from relative strength indicators, after offloading its overbought conditions.
The (USDCAD) price rose in its last intraday trading, taking advantage of the positive signals from the relative strength indicators, to breach the key resistance at 1.3800, amid the continuation of the dynamic support that is represented by its trading above EMA50, which provides renewed bullish momentum, especially with the dominance of bullish corrective wave on short-term basis, with its trading alongside supportive trend line.