USDCAD provided during recent intraday trading, amid the attempts of breaching the key and stubborn resistance at 1.3940, support by its continued trading above EMA50, which reinforces the stability and dominance of the main bullish trend on short-term basis, especially with its trading alongside supportive trend line, besides the positive signals that comes from the relative strength indicators, after reaching exaggerated oversold levels compared to the price move.

USDJPY remains supported by recent intraday gains as it approaches the key resistance level at 160.70, which has been one of our previously identified targets, supported by trading along a short-term ascending trendline, while trading above EMA50, providing additional dynamic support, and relative strength indicators continue to generate positive signals, reinforcing bullish momentum and improving the chances of extending gains in the near term.

GBPUSD rose cautiously during recent intraday trading, but gains remained limited as the pair continues to trade below EMA50, which acts as dynamic resistance and restricts recovery attempts. The primary short-term downtrend also remains intact, with price movements continuing along a descending trendline.

At the same time, relative strength indicators are generating bearish signals after reaching overbought territory, suggesting weakening buying momentum and increasing the risk of renewed downside pressure.

Bitcoin (BTCUSD) fluctuated in recent intraday sessions, while the primary short-term downtrend remains in control, limiting the ability to establish a sustainable recovery. The price continues to trade below EMA50, which acts as a dynamic resistance level and reinforces bearish pressure.

Meanwhile, relative strength indicators started to generate a new bearish crossover after offloading oversold conditions, to indicate renewing downside momentum and a return of selling pressure, supporting the likelihood of further declines in the near term unless stronger technical signals emerge to shift the current trend.