The USDCAD pair’s price has declined in its latest intraday trading, and the pair is preparing to break the support level at 1.3860. This decline has been driven by renewing the selling pressure after the pair had previously managed to absorb the oversold conditions that were obvious in the Relative Strength Index (RSI) indicators. This comes amid the dominance of the main bearish trend and trading near a downward trendline, the continued trading below the EMA50 weakens the price action.

The (AUDUSD) rose in a fluctuated trading on the intraday level, amid a strong domination by a short-term minor bullish wave. supported by pair’s continuous trading above the EMA50. Noticing the return of positive signals from the Relative Strength Index (RSI), after the pair successfully alleviated its previous overbought condition, paving the way for gathering positive momentum.

The price (NZDUSD) rose in its recent intraday trading, attacking the strong key resistance level at 0.5830. This comes after it successfully eased its previously clear overbought condition that appeared by the Relative Strength Index (RSI), supported by the dominance of a strong upward wave in the short term.

The USDCHF pair declined in its latest intraday trading, amid a strong dominance of the main bearish trend and trading along a secondary downward trend line. The pair appears to be preparing to break the current support level at 0.8150 with its recent decline, especially after renewing the selling momentum, that followed the pair’s successful relief from the previous oversold conditions, as indicated by the relative strength indicators.