The (USDCAD) price slipped lower in its last intraday trading, to confirm breaking the key support at 1.3760, amid the full dominance of the main bearish trend on the short-term basis and its trading alongside a bias line, with the continuation of the negative pressure due to its trading below its EMA50, besides the emergence of the negative signals on the (RSI), despite reaching oversold levels.
The (AUDUSD) price surges high in its last intraday trading, breaching the key resistance at 0.6500, supported by its continuous trading above its EMA50, besides the emergence of the positive signals on the (RSI), despite reaching overbought levels, amid the dominance of the main bullish trend on the short-term basis.
The (NZDUSD) price continued the rise in its last intraday trading, attacking the critical resistance at 0.6020, amid the dominance of the main bullish trend and its trading alongside a minor bias line on the short-term basis, with the continuation of the positive pressure that comes from its trading above its EMA50, on the other hand, we notice the beginning of negative overlapping signals appearance on the (RSI), after reaching overbought levels, which might decelerates the rise temporarily, due to its neediness to offload some of this overbought conditions.
The (USDCHF) price declined in its last intraday trading, amid its trading within a minor bearish channel’s range on a short-term basis, with the continuation of the negative pressure that comes from its trading below its EMA50, besides the emergence of the negative signals on the (RSI), despite reaching oversold levels.