USDCAD declined in its last intraday trading, preparing to break the key support at 1.4145, affected by breaking main bullish trend on the short-term basis, with a negative pressure due to its trading below EMA50, which represents a dynamic resistance that reduces the chances of full recovery in the near upcoming period, especially after offloading some oversold levels on the relative strength indicators, opening the way for recording more losses in the near period.

USDJPY declined in its last intraday trading, in a corrective move to gain a new bullish momentum that might support resuming the rise in the near upcoming period, accompanied by the attempts of offloading the overbought conditions on the relative strength indicators.

These moves come with the emergence of the negative signals from the relative strength indicators, indicating a temporary decline in the buying momentum without changing the positive technical image, and the pair provides dynamic support and reinforces the chances of resuming the gains in the upcoming period.

GBPUSD rose in its recent intraday trading, continuing its bullish movement amid the dominance of the bullish corrective trend on the short-term basis, with its trading alongside supportive trend line that reinforces the stability of this path.

The price gets extra support by the continuation of its trading above EMA50, which represents dynamic support that provides renewed buying momentum, accompanied by the emergence of positive signals from the relative strength indicators, reinforcing the chances of continuing the rise and targeting higher resistance levels in the near upcoming period.

Bitcoin (BTCUSD) witnessed limited gains during recent intraday trading after finding support at EMA50, which provided dynamic support, strengthened buying momentum, and helped the price stabilize.

The price also received additional support as the relative strength indicators began forming a bullish divergence after reaching deeply oversold levels, improving the prospects for renewed upside momentum. With the short-term corrective bullish trend still intact, the recovery is expected to continue as long as the price remains above EMA50 and key support levels.