The (USDCHF) price rose in its last intraday trading, after its success in offloading its overbought conditions on the (RSI), which opens the way for achieving more of the gains, amid the dominance of the bullish correctional trend on the short-term basis and its trading alongside a bias line, with the continuation of the dynamic support due to its trading above EMA50, reinforcing the stability of the positive scenario.
The (NZDUSD) price kept declining in its last intraday trading, to break its current support of 0.5935, amid the dominance of the bearish correctional trend on the short-term basis and its trading alongside a bias line, indicating the dominance of this negative trend, especially that the last decline came after the success in offloading the clear oversold conditions on the (RSI), with the beginning of negative overlapping signals appearance, intensifying the negative pressures.
The (AUDUSD) price suffered sharp losses in its last intraday trading, to break the key support at 0.6485, amid the dominance of bearish correctional wave on the short-term basis, with the continuation of the negative pressure due to its trading below EMA50, besides the emergence of the negative signals on the (RSI), despite reaching oversold levels.
The (USDCAD) price rose in its last intraday trading, after testing a bullish correctional trend line on the short-term basis, accompanied by its lean on the support of its EMA50, intensifying the positive pressure that pushed the price to rise again, after it succeeded in offloading its clear overbought conditions on the (RSI), to notice the beginning of the positive signals emergence again.