The (USDCAD) price rose in its last intraday trading, surpassing the negative pressure of EMA50, in a key step to recover on the near term basis, supported by the emergence of the positive signals on the relative strength indicators, after offloading its overbought conditions, opening the way for achieving more gains, attacking the key resistance at 1.3800, which represents a key level to detect the upcoming track.
The (USDJPY) declined in its last intraday trading, gathering the gains of its previous rises, attempting to gain bullish momentum that might help it to recover and resume its strong gains again, attempting to offload some of its clear overbought conditions on the relative strength indicators, especially with the emergence of negative overlapping signals, amid the continuation of the dynamic support that is represented by its trading above EMA50, reinforcing the stability and dominance of the main bullish trend on the short-term basis.
GBPUSD rose in its last intraday trading, as it is leaning on EMA50’s support, gaining bullish momentum that helped it to achieve these gains, amid the dominance of the main bullish trend and its trading alongside supportive trend line for this track, besides the emergence of positive signals on the relative strength indicators, despite reaching overbought levels.
Bitcoin’s price rose slightly in its last intraday trading, taking advantage of breaching minor bearish trend line on the short-term basis, besides its trading above EMA50, providing technical support that helped it to continue the positive rebound.
This rise attacks $89,000 key resistance, supported by the emergence of positive signals on the relative strength indicators, after offloading its overbought conditions, opening the way for achieving more gains on the near-term basis if it manages to breach this resistance.