USDCAD extended its gains during recent intraday trading and is now preparing to test the key resistance level at 1.3700. The pair is supported by positive signals from the relative strength indicators after reaching heavily oversold levels.

This bullish momentum also comes after the pair previously broke above a major short-term bearish trendline, while continuing to trade above EMA50, which provides positive dynamic support and strengthens the likelihood of extending gains in the near term.

USDJPY surged higher during recent intraday trading amid the dominance of a short-term bullish corrective wave, while continuing to move along a steep upward trendline, reflecting the strength of the current bullish path and its control over price action.

This move comes alongside the emergence of a positive crossover on the relative strength indicators after the pair managed to reduce some of its previous overbought conditions, giving it more room to extend gains. Through this rise, the pair also succeeded in overcoming the negative pressure from the 50-period simple moving average, which further strengthens the chances of continuing the upward move in the near term.

GBPUSD declined during recent intraday trading after the key resistance level at 1.3640 remained firm. At the same time, negative signals emerged from the relative strength indicators after reaching overbought territory, as the pair attempts to regain positive momentum that could support a renewed recovery and upward move.

With this decline, the pair has found support at EMA50, while continued to trade above a main short-term bullish trendline. This strengthens the support zone and may provide the positive momentum needed for the pair to resume its recovery.

Bitcoin price declined during recent intraday trading, pressured by the continued strength of the key and stubborn resistance level at $82,000, attempting to gain positive momentum that could help it breach this resistance, while the main short-term bullish trend remains dominant, supported by movement along an upward trendline.

In addition, relative strength indicators continues to deliver positive signals after offloading previous overbought conditions, supported by trading above EMA50, which acts as dynamic support and strengthens the chances of further upside in the near term.