The (USDCAD) price settled high in its last trading on the intraday levels, amid the dominance of the main bullish trend and its trading alongside a supported bias line for the track, with the continuation of the positive pressure due to its trading above EMA50, on the other hand, we notice the emergence of negative overlapping signals on the (RSI), after reaching overbought levels, which might reduce the upcoming gains.
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The (USDJPY) extended its gains in its last intraday trading, attacking the critical resistance level at 148.50, this level was our target in our previous resistance, amid the dominance of the main bullish trend on the short-term basis and its trading alongside a supportive bias line for this track, with the continuation of the positive pressure due to its trading above EMA50, on the other hand, we notice the emergence of negative overlapping signals on the (RSI), after reaching overbought levels, which might reduce the upcoming gains.
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The (GBPUSD) price continued its decline in its last intraday trading, amid its trading alongside a minor bearish bias on the short-term basis, with the continuation of the negative pressure due to its trading below EMA50, breaking the support level of 1.3420, which represents our target in our previous reports, with the emergence of negative signals on the (RSI), despite reaching oversold levels.
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The price of Bitcoin (BTCUSD) rose in its last intraday trading, taking advantage of the stability of the critical support level at $112,000, gaining some of the required positive momentum to recover some of its previous losses, attempting to offload the clear oversold conditions on the (RSI), especially with the emergence of positive overlapping signals that support the recovery possibilities on the near-term basis.
The price remains facing clear negative pressures, due to its stability below the (RSI), accompanied by the continuation of bearish wave on the short-term basis, making any current bullish attempts just temporary correctional moves unless it surpasses key resistance levels.
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