The USDCAD pair has maintained its gains in recent intraday trading, reaching the resistance level at 1.3850, which had been a target in our previous analysis. The pair is now attempting to build positive momentum to sustain the main short-term bullish trend.

At the same time, it is trying to ease overbought conditions on the relative strength indicators, with some negative signals appearing. However, these signals have not yet impacted price action, indicating that bullish pressure remains dominant and increasing the likelihoods of extending gains in the near term.

The USDJPY pair witnessed a slight pullback during recent intraday trading after facing resistance at the key level of 159.75. This decline appears to be an attempt to regain positive momentum that could help the price break above this resistance. At the same time, the pair is working to ease its overbought conditions on the relative strength indicators, with emerging negative signals.

Despite this, the main short-term trend remains bullish, supported by movement along an upward trendline and continued trading above EMA50, which acts as dynamic support and reinforces the upward bias in the near term.

The GBPUSD pair is fluctuating on its last intraday levels, to ease its previously oversold conditions on the relative strength indicators, as they entered exaggerated overbought levels compared to the price action, indicating that this positive momentum may fade quickly. At the same time, the pair remains under pressure as it trades below EMA50, which acts as dynamic resistance and reinforces the dominance of the short-term bearish trend, especially with its trading alongside a trendline that supports this path.

Bitcoin price (BTCUSD) recorded a slight increase during recent intraday trading, attempting to recover part of its previous losses. This comes as the price tries to ease oversold conditions on the relative strength indicators, with early positive signals starting to emerge.

Despite this improvement, the price still faces negative and dynamic pressure as it continues to trade below EMA50. This reinforces the strength of the short-term corrective bearish wave, especially as price moves along a downward trendline supporting this direction.