The (USDCAD) price declined in its last intraday trading, amid the attempts of gaining bullish momentum that might help the price to recover and rise again, amid the emergence of the positive signals on the relative strength indicators, with continued positive pressure due to its trading above EMA50, and under the dominance of the main bullish trend on the short-term basis and its trading alongside trendline that reinforces the stability of this track.
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The (USDJPY) declined in its last intraday trading, amid its moves with bearish corrective channel’s range that limits its previous trading on the short-term basis, affected by the dynamic pressure that is represented by its trading below EMA50, besides the emergence of the negative signals on the relative strength indicators, after offloading its oversold levels, intensifying the negative pressures.
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The (GBPUSD) price witnessed fluctuated trading in its last intraday levels, attempting to gain bullish momentum that might help it to recover and rise again, and it succeeded in offloading its overbought conditions on the relative strength indicators, despite the continuation of the negative signals, affected by the dynamic support that is represented by its trading above EMA50, under the dominance of bullish corrective wave on the short-term basis and its affection by breaching main bearish trend line on the short-term basis.
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Bitcoin price (BTCUSD) rose in its last intraday trading, in attempt to recover some of its previous losses, affected by breaking the key support at $109,500, which kept the negative pressure dominant on its movement.
The price keeps trading below EMA50, dominated by the main bearish trend on the short-term basis, with its trading alongside trendline that reinforces the stability of this negative track, besides the emergence of the negative signals on the relative strength indicators, which supports renewing the selling pressure.
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