The (USDCAD) price witnessed fluctuated moves in its last intraday levels, after breaching our expected target at the significant resistance at 1.3925, to attempt to fluctuate to gather the gains of its previous rises, attempting to offload some of its clear overbought conditions on the relative strength indicators, especially with the emergence of negative overlapping signals, to gather its bullish momentum that might help it to resume its strong rise on the near term basis, amid the dominance of the main bullish trend on the short-term basis, and its trading alongside supportive trendline.
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The (USDJPY) settled with strong gains in its last intraday trading, amid the dominance of a steep bullish sub-wave, indicating the strength of this track, especially with the continuation of the positive pressure that comes from its trading above EMA50, preparing to attack the current resistance at 150.00, on the other hand, we notice the emergence of negative overlapping signals on the relative strength indicators, after reaching overbought levels, which might reduce the gains, we may witness attempts for profit-taking and offloading this overbought conditions.
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The (GBPUSD) price settled with sharp decline in its last trading on the intraday levels, as we expected yesterday to reach our expected targets at the critical support level at 1.3340, gaining some of the bullish momentum due to the stability of this support, attempting to recover some of the previous losses, attempting to recover some of the clear oversold conditions on the relative strength indicators, especially with the emergence of positive overlapping signals, amid the dominance of bearish correction wave with its trading alongside supportive trend line for this track.
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The (BTCUSD) rose in their last intraday trading, in attempt to recover some of its previous losses, attempting to offload some of the clear oversold conditions on the relative strength indicators, especially with the emergence of positive signals that might provide some momentum.
The price remains affected by the dominance of minor bearish wave on the short-term basis, and its trading alongside supportive trendline for this track, besides the continuation of the negative pressure that comes from its stability below EMA50, intensifying the negative pressure and preventing its recovery on the near-term basis.
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