The (USDCAD) price rose in its last trading on intraday levels, preparing to reach the key resistance at 1.3720, amid the dominance of bullish corrective wave on short-term basis, and its trading alongside supportive trend line for this path, with the continuation of the positive dynamic pressure due to its trading above EMA50, reinforcing the chances of the price rise, especially with the emergence of positive overlapping signals from relative strength indicators, after offloading its overbought levels, opening the way for achieving new gains on near-term basis.

The (USDJPY) rose in its last intraday trading, amid the dominance of bullish corrective wave on short-term basis, supported by its continued trading above EMA50, representing dynamic support that reinforces the stability of the gains, especially with the emergence of positive overlapping signals from relative strength indicators, after offloading its overbought conditions, opening the way for extending its gains in the upcoming period.

GBPUSD returned to decline in its last intraday trading, after offloading its oversold conditions on relative strength indicators, to notice the emergence of negative overlapping signals, intensifying the negative pressure on the price, especially with the continuation of its trading below EMA50, with the dominance of the bearish corrective trend on short-term basis, and its trading alongside supportive trend line for this path.

Bitcoin’s price (BTCUSD) rose in its recent intraday trading, supported by the emerging of positive signals from relative strength indicators, in attempt to catch its breath after the selling pressures, However, the entry of these indicators into exaggerated overbought territory relative to price movement raises questions about the sustainability of this improvement, suggesting that the positive momentum may fade quickly unless stronger buying flows emerge.

This movement is accompanied by reaching the EMA50’s resistance, besides testing minor bearish trend line on short-term basis, to face double technical barrier that increases the strength of the negative pressures.