The (USDCHF) price rose in its last intraday trading, due to its lean on a bullish correctional trend line on the short-term basis, accompanied by its lean on the support of its EMA50, providing intensive positive pressure that assisted it to achieve these gains, to get ready to reach the critical resistance level at 0.7985, especially with the beginning of positive overlapping signals appearance on the (RSI), after reaching oversold levels to suggest forming a positive divergence.
The (NZDUSD) price declined in its last intraday trading, amid the dominance of the bearish correctional trend on the short-term basis and its trading alongside a bias line, with the continuation of the negative pressure due to its trading below EMA50, besides the emergence of the negative signals on the (RSI), intensifying the negative pressure on the pair and reinforcing the bearish scenario.
The (AUDUSD) price declined in its last intraday trading, after retesting the key resistance at 0.6535, which forced it to rebound bearishly due to its stability, amid the continuation of the negative pressure due to its trading below its EMA50, under the domination of bearish correctional domination on the short-term basis, besides the emergence of the negative signals on the (RSI).
The (USDCAD) price rose slightly in its last intraday trading, supported by its continuation to trade above EMA50, besides the emergence of positive signals on the (RSI), indicating an improvement in the technical momentum on a short-term basis.
On the other hand, the price faces technical pressures by its approach form a main bearish trend line, putting it within confused area, this contradiction between the bullish technical signals and the bearish trend creates a confused situation, which might continue until breaking one of these lines clearly to the upside or downside.