The (USDCAD) price declined in its last intraday trading, affected by reaching EMA50’ s resistance, which formed negative pressure that obstructed extending the gains in the previous period, affected by breaking bullish corrective trend line on short-term basis, with the emergence of negative signals from relative strength indicators, after reaching severe overbought levels compared to the price move.

The (USDJPY) declined in its last intraday trading, attempting to look for higher low to use it as a base that might help it to gain the required bullish momentum for its recovery, amid the continuation of the dynamic support that is represented by its trading above EMA50, under the dominance of bullish corrective wave on short-term basis, with its trading alongside supportive trend line for this path, noticing the emergence of positive signals from the relative strength indicators, after reaching oversold levels.

GBPUSD rose slightly in its last intraday trading, in attempt to recover some of its previous losses, attempting to recover some of its oversold conditions on relative strength indicators, especially with the emergence of positive overlapping signals, affected by the negative pressure due to its trading below EMA50, which reinforces the stability and dominance of the bearish corrective trend on short-term basis, especially with the trading alongside supportive trend line for this bearish trend.

Bitcoin’s price (BTCUSD) declined in its recent intraday trading, leaning on EMA50’s support, to gain bullish momentum that might push it to recover and target breaching the stubborn resistance level at $68,000.

Accompanied by the continuation of the positive effect of breaching minor bearish trend line on short-term basis, keeping the positive technical overview, and the relative strength indicators begin showing new positive overlapping signals, after reaching exaggerated oversold levels compared to the price move, reinforcing the likelihoods of resuming the rise if the current support settles.