The (USDCHF) price declined in its last intraday trading, to break bullish corrective trend line on short-term basis, to end the hopes of its recovery, especially with surpassing its EMA50’s support, which increases the negative pressure on the price, beside the emergence of negative signals from relative strength indicators, after offloading its oversold conditions, opening the way for deepening its losses in near-term basis.

The (NZDUSD) price reinforced its gains in its last intraday trading, supported by the emergence of positive signals from relative strength indicators, despite reaching overbought levels, breaching bearish corrective trend line on short-term basis, accompanied by surpassing EMA50’s resistance, shaking off its bearish pressure at once, to open the way for expanding its gains on near-term basis. 

The (AUDUSD) price rose in its last intraday trading, preparing to attack the key resistance at 0.7145, which represented an expected target in our previous analysis, supported by its trading above EMA50, reinforcing the stability and dominance of the main bullish trend on short-term basis, especially with its trading alongside supportive trend line for this track, besides the emerging of positive signals from relative strength indicators.

The (USDCAD) price declined in its last intraday trading, after its exit from bullish corrective channel’s range that was limiting its previous trading on short-term basis, with the emergence of negative signals from relative strength indicators, to surpass the EMA50’s support, which put it under more negative pressure and opens the way for recording more downside moves on near period.