The (USDCHF) price rose in its last intraday trading, amid the emergence of positive signals from relative strength indicators, despite reaching overbought levels, amid the dominance of bullish corrective wave on short-term basis, with its trading alongside supportive trend line for this path, and the price is benefited from the dynamic support that is represented by its trading above EMA50, which reinforces the chances of extending its gains on near period.
The (NZDUSD) price settles with losses in its last intraday trading, breaking 0.5990 key support, with negative pressure due to its trading below EMA50, which reduces the chances of near-term recovery, amid the dominance of bearish corrective wave on short-term basis, with the emergence of negative signals from relative strength indicators, despite reaching oversold levels.
The (AUDUSD) price settles on a decline in its last intraday trading, surpassing EMA50’s support, which put it under negative pressure that led it to break minor bullish trend line on short-term basis, intensifying the negative pressures, which reinforced with the emergence of negative signals from relative strength indicators, despite reaching oversold levels.
The (USDCAD) price rose in its last intraday trading, benefiting from the dynamic support that is represented by its trading above EMA50, with the dominance of strong bullish corrective wave on short-term basis, affected by breaching bearish trend line previously, beside the emergence of positive signals from relative strength indicators, despite reaching overbought levels.