The (USDCAD) price declined in its last intraday trading, affected by the stability of 1.3720 key resistance, in attempt to gain bullish momentum that might help it to recover and breach this resistance, amid the trading within bullish corrective channel’s range on short-term basis, with the continuation of the positive pressure due to its trading above EMA50, to notice that the relative strength indicators reached exaggerated oversold levels compared to the price move, indicating a renewed bullish momentum that might accelerates its recovery in the upcoming period.

The (USDJPY) declined on its intraday levels, due to the stability of our expected target in our previous analysis at 155.65 key resistance, to gather the gains of its previous rises, attempting to gain bullish momentum that might help it to recover and rise again, noticing the emergence of negative signals from relative strength indicators, after reaching overbought levels, to indicate forming negative divergence, which might delay the price recovery.

This comes amid the continuation of the dynamic pressure that is represented by its trading above EMA50, under the dominance of the bullish corrective trend on short-term basis.

GBPUSD fluctuated on its last intraday levels, amid the continuation of the negative pressure due to its trading below EMA50, reinforcing the stability and dominance of the main bearish trend on short-term basis, especially with its trading alongside supportive trend line for this path, with the emergence of negative overlapping signals on relative strength indicates, after offloading its oversold conditions, intensifying the negative pressure in its upcoming move.

Bitcoin’s price (BTCUSD) surged higher in its recent intraday trading, taking advantage of the positive signals from relative strength indicators after reaching sever oversold levels, in attempt to recover some of its previous losses within the main bearish trend on short-term basis, while the price remains moving alongside minor trend line that reinforces the overall bearish track, putting this rise in corrective frame until now.

The price is approaching EMA50, which might form intensive technical pressure, especially with the relative strength indicators move to exaggerated overbought levels, indicating a potential fading of the positive momentum.