The (USDCAD) price rose in its last intraday trading, amid the dominance of the main bullish trend on the short-term basis and its trading alongside trend line that reinforces the stability of this track, especially with the emergence of positive overlapping signals on the relative strength indicators, after offloading the overbought conditions, opening the way for achieving more gains in the upcoming period, on the other hand, the negative pressure remains valid due to the trading below EMA50, which reduces the chances of its full recovery.
The (USDJPY) rose slightly in its last intraday trading, due to its leaning of the support of EMA50, which represents dynamic support that kept the stability of the main bullish trend on the short-term basis, besides its trading alongside supportive trend line for this track, besides the emergence of the positive signals on the relative strength indicators, despite reaching overbought levels.
The (GBPUSD) price declined slightly in its last intraday trading, due to the stability of the key resistance at 1.3185, attempting to gain bullish momentum that might help it to recover and breach this resistance, amid the continuation of the dynamic support that is represented by its trading above EMA50, reinforcing the strength of corrective bullish wave on the short-term basis especially with its trading alongside trendline.
Bitcoin (BTCUSD) rose in its last intraday trading, depending on the stability of the key support of $93,000, which represents a target in our previous analysis, providing bullish momentum that helped it record these gains, to recover some previous losses, and attempts to offload the oversold conditions of the relative strength indicators, with the emergence of positive overlapping signals that support the likelihoods of the intraday improvement continuation.