The (USDCAD) price settled with a sharp decline in its last intraday trading, amid the 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 EMA50, on the other hand we notice the beginning of positive overlapping signals on the (RSI), after reaching oversold levels which helped the price to settle on the intraday basis, to attempt to offload some of this oversold conditions.
The (USDJPY) price rose slightly in its last intraday trading, after it returned to settle below the key resistance at 143.75, as a clear signal for the return of the negative momentum, amid the dominance of strong bearish wave on the short-term basis, with the continuation of the negative pressure due to its trading below EMA50, with the emergence of the negative signals on the(RSI).
The (GBPUSD) price declined slightly in its last intraday trading, attempting to gain bullish momentum that might assist it to surpass the negative pressure of EMA50, after the pair success in correcting the main bullish trend on the short-term basis, amid its trading alongside a bias line, leaning on the critical support level at 1.3590, the stability of this support provided positive momentum that assisted it to bounce higher, taking advantage of the positive signals that come from the (RSI), after reaching oversold levels.
The price of Bitcoin (BTCUSD) declined in its recent intraday trading, to gather the gains of its previous rises, attempting to gain positive momentum that might assist it to rise again, and attempts to offload some of its clear overbought conditions on the (RSI), with the beginning of negative overlapping signals appearance, this performance comes amid the dominance of the bullish correctional trend on the short-term basis and its trading alongside a bias line, with the continuation of the positive pressure due to its trading above EMA50, reinforcing the positive track on its upcoming moves.