The (NZDUSD) price returned to decline in its last intraday trading, amid the dominance of the bearish correctional trend on the short-term basis and its trading indicates the dominance of this trend, with the continuation of the negative pressure due to its trading below EMA50, this decline came due to its previous attempts to offload some of the clear oversold conditions on the (RSI), especially with the emergence of positive overlapping signal on it, the negative pressure effect was stronger on the pair.
The (AUDUSD) price settled high in its last intraday trading, after it attempts to recover some of its previous losses, and attempts at the same time to offload some of its clear oversold conditions on the (RSI), especially with the emergence of the positive signals from them, with the price affection by breaking a bullish trend line on the short-term basis, and there are negative pressure due to its trading below EMA50, forming a double burden that prevents its recovery on the near-term basis.
The (USDCAD) price rose in its last intraday trading, amid the dominance of bullish correctional wave on the short-term basis, and its trading alongside a bias line that supports the stability of this trend, taking advantage of the dynamic support that is represented by its trading above EMA50, on the other hand, we notice the emergence of the negative signals on the (RSI), which decorated the last gains of the pair.
The (USDJPY) price settles with a strong rise in its last intraday trading, after breaching the critical resistance of 148.00, supported by the dominance of the main bullish trend on the short-term basis and its trading alongside a bias line, with the continuation of the positive pressure due to its trading above EMA50, on the other hand, we notice the appearance of negative overlapping signals on the (RSI), after reaching overbought levels, which might decelerate the upcoming gains of the pair.