The (USDCAD) price rose in its last intraday trading, amid the attempts to breach the current resistance level at 1.3865, amid the dominance of the main bullish trend on the short-term basis and its trading alongside supportive bias line for this track, with the continuation of the positive pressure that comes from its trading above EMA50, besides the emergence of the positive signals on the (RSI), intensifying the positive momentum around the price.
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The (USDJPY) witnessed fluctuated trading in its last intraday levels, amid its trading alongside minor bearish bias on the short-term basis, with the continuation of the negative pressure that comes from its trading below EMA50, which reduces the chances of the price recovery on the near-term basis, especially with the emergence of the negative signals on the (RSI), after reaching overbought levels, intensifying the negative pressure on the price.
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The (GBPUSD) price declined in its last intraday trading, amid its attempts 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 a bias line, with the continuation of the positive pressure that comes from its trading above EMA50, on the other hand, we notice the emergence of the negative signals on the (RSI), after it succeeded in offloading its oversold condition, which obstacles the price recovery temporarily.
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The price of Bitcoin (BTCUSD) rose in its last intraday trading, breaching the critical resistance ar $113,000, supported by the trading above the EMA50, which provides significant dynamic support, amid the dominance of the bullish correction trend on the short-term basis, with the continuation of the trading alongside supportive bias line that reinforces the strength of the positive track for the price.
The (RSI) indicators began showing negative overlapping signals after reaching exaggerated overbought levels, which confined the last gains and slowed down the rise, indicating an intraday balance between the supportive bullish momentum for the rise and the technical pressure that decelerate the rise temporarily.
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