The USDCAD price settled on a decline in its recent intraday trading, leaning on the critical support at 0.6390, and this level was a base for a correctional rise in the price recent trading,to get ready to break this support, amid the dominance of the main bearish trend and the trading alongside sharp minor downside trendline on the short term basis, with the emergence of negative signals from the (RSI), despite reaching oversold levels, besides the continuation of the negative pressure that comes from the trading below the EMA50.
The AUDUSD price declined in its last trading on the intraday levels, due to the stability of the critical resistance level at 0.6390, attempting to gain positive momentum that might help it to recover and breach this resistance, amid the dominance of strong bullish wave on the short- term basis, with the continuation of the positive pressure due to its trading above EMA50.
Noting that the (RSI) began showing negative signals, despite entering oversold levels that are lower that the current price move, forming negative divergence that might extend the bearish move for the AUDUSD price.
The NZDUSD moved higher in its last intraday trading, amid its attempts to gain positive momentum that might help it to attack the current resistance at 0.5940, supported by the domination of strong bullish wave on the short-term basis, with the continuation of the positive momentum that comes from its trading above the EMA50.
The USDCHF price settled on a rise in its last intraday trading, affected by the stability of the critical support at 0.8150, which led it to move in a correctional sideways range for the main bearish trend, besides its trading alongside a bearish trend line on the short term basis, and the price get advantage from the positive momentum that comes from the emergence of positive signals from the (RSI), after reaching oversold levels in attempt to overload this oversold condition.