The (USDCAD) price rose in its last trading on the intraday levels, amid the dominance of the main bullish trend on the short-term basis and its trading alongside a supportive bias line for the trend, with the continuation of the positive pressure that comes from its trading above its EMA50, besides the emergence of the positive signals on the (RSI) after reaching oversold levels.
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The (USDJPY) price rose in its last intraday trading, amid the continuation of the negative pressure that comes from its trading below EMA50, affected by breaking a main bullish trend line on a short-term basis. The price attempts to recover some of its previous losses and offload some of its oversold conditions on the (RSI), especially with the emergence of the positive signals from there.
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The (GBPUSD) price declined in its last intraday trading, due to the stability of the current resistance level at 1.3300, amid the dominance of the main bearish trend on the short-term basis and its trading alongside a supportive line, with the continuation of the negative pressure due to its trading below EMA50, besides the emergence of the (RSI), after reaching overbought levels.
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The price of Bitcoin (BTCUSD) declined in its last intraday trading, amid the dominance of the bearish correctional trend on the short-term basis and its trading alongside supportive bias line for this trend, with the continuation of the negative pressure that comes from its trading below EMA50, besides the emergence of the negative signals on the (RSI), after reaching overbought levels.
Despite the negative pressure, the price moves within minor bullish wave’s range steady and strongly, with its stability above $114,500 resistance, therefore, the last decline was an attempt to collect profits and offload the overbought conditions on the (RSI), to gain bullish momentum that might help it to recover and rise again.
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