The (USDCAD) price rose in its last intraday trading, affected by breaching bearish correctional trend line on the short-term basis, supported by the emergence of the positive signals on the (RSI), attempting to surpass the negative pressure Of the EMA50, announcing that it got rid of all the negative pressures, to open the way for achieving more of the gains on the intraday basis.
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The (USDJPY) soras high in its last intraday trading, after its success in surpassing the negative pressure, as it managed to surpass the resistance of its EMA50, accompanied by breaching bearish correctional trend line on the short-term basis, and it kept rising until the (RSI) reaching overbought levels, which reduced gains temporarily until offloading this overbought conditions, opening the way for achieving more of the gains on the near-term basis.
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The (GBPUSD) price continued its decline in its last intraday trading, affected by breaking bullish trend line previously on the short-term basis, besides its stability below EMA50, intensifying the selling pressures and pushed it to break the critical support at 1.3390.
However, there are positive signals on the (RSI) after reaching oversold levels, but the bearish trend remains the dominance on the intraday basis.
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The price of Bitcoin (BTCUSD) declined in its last intraday trading with fluctuated moves, in attempts to gain new bullish momentum to support the rise again, this comes with its attempts to offload some of the clear overbought conditions on the (RSI), especially with the emergence of negative signals from there.
Despite this pressure, the price takes advantage of breaching bearish trend lune on the short-term basis, besides the dynamic support that comes from its stability above EMA50, providing renewed momentum that might help it to reinforce the recovery chances on the near-term basis.
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