The (USDCAD) price fluctuated on its last intraday levels, attempting to gain bullish momentum that might help it to recover and rise again, amid the dominance of the main bullish trend on the short-term basis and its trading alongside main and minor bias lines that support this trend, besides the dynamic support that is represented by its trading above EMA50, reinforcing the chances for the price recovery on the near-term basis.
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The (USDJPY) settles low in its last intraday trading, with the continuation of the negative pressure due to its trading below EMA50, besides the dominance of minor bearish wave on the short-term basis and its trading alongside bias line that increases the negative pressure on the price, with the emergence of the negative signals on the (RSI), after reaching overbought levels.
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The (GBPUSD) price witnessed fluctuated trading on its last intraday levels, attempting to gather its positive strength that might help it to breach the critical resistance level at 1.3585, supported by the emergence of the bullish signals on the (RSI), after its success in offloading its overbought conditions, opening the way for achieving new gains, especially with the continuation of the positive signals that comes from its trading above EMA50, and under the dominance of the bullish trend on the short-term basis and its trading alongside bias line.
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The price of Bitcoin (BTCUSD) declined in its last intraday trading, amid sideways trading range that indicates its continued attempts to gain bullish momentum that supports its upside track, with the dominance of the bullish correctional trend on the short-term basis, with the stability of the trading alongside supportive bias line for this trend, which makes the trading settles despite the intraday pressure.
The price takes advantage of its stability above EMA50, which represents dynamic support that reinforces the stability of the positive scenario. At the same time the (RSI), began showing positive overlapping signals after offloading the previous overbought conditions, to indicate regaining momentum gradually and supporting the continuation of the bullish trend.
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