The (USDCHF) price declined in its last intraday trading, attempting to gain bullish momentum that might help it to recover and rise again, attempting to offload some of its clear overbought conditions on relative strength indicators, especially with the emergence of negative overlapping signals, leaning on EMA50’s support, amid the dominance of the bullish corrective trend on short-term basis, supported by the chances of the price recover on near-term basis.

The (NZDUSD) price rose in its last intraday trading, attempting to offload some of its clear oversold conditions on relative strength indicators, especially with the emergence of positive overlapping signals, amid the dominance of the bearish corrective trend on short-term basis, with its trading alongside supportive trend line for this track, suffering from its continued trading below EMA50, which reduces the chances of the recovery on near-term basis.

The (AUDUSD) price witnessed bullish rebound on its last intraday levels, due to its leaning on EMA50’s support, accompanied by its leaning on minor bullish trend line on short-term basis, gaining intensive bullish momentum that helped it to rebound quickly, especially with the emergence of positive signals from relative strength indicators, after offloading its overbought conditions, opening the way for targeting new resistance levels in the upcoming period.

The (USDCAD) price declined in its last intraday trading, affected by reaching EMA50’ s resistance, which formed negative pressure that obstructed extending the gains in the previous period, affected by breaking bullish corrective trend line on short-term basis, with the emergence of negative signals from relative strength indicators, after reaching severe overbought levels compared to the price move.