The USDCAD pair continued to rise during recent intraday trading, attempting to recover some of its previous losses. The latest upward move brought the price to retest the key resistance level at 1.3700. This coincides with a test of the EMA50 resistance, as well as a short-term corrective descending trendline, making this level crucial in determining the pair’s next direction in the near term.

The USDJPY pair extended its gains during recent intraday trading and is now preparing to challenge the key resistance level at 159.90. This comes as the pair continues to receive dynamic support from trading above its EMA50, reinforcing the stability and dominance of the main short-term bullish trend.

In the background, positive signals emerging from the relative strength indicators after the pair managed to ease part of its overbought condition, giving it more room to extend gains in the near term.

The GBPUSD price continued to decline during recent intraday trading, confirming the break below the key support level at 1.3480. This comes amid a short-term bearish corrective wave, with ongoing negative pressure as the pair continues to trade below EMA50, which intensifies the downside pressure surrounding the pair. This is further supported by continued negative signals from the relative strength indicators, increasing the likelihood of deeper losses in the near term.

Bitcoin (BTCUSD) continued its upward movement during recent intraday trading, supported by stability above the key support level at $77,500, which provided positive momentum and helped the price regain its recovery and continue rising. This performance is reinforced by the price trading above EMA50, which offers dynamic support and strengthens the stability of the main short-term bullish trend.

The price is also moving along primary and secondary trendlines that support this upward path, alongside continued positive signals from the relative strength indicators, reflecting strong buying momentum and supporting the chances of further gains in the coming period, especially while maintaining current support levels.