USDCHF Continues to Rise – Analysis –28-10-2026

The NZDUSD pair tumbled in its latest intraday trading, amid negative signals from the relative strength indicators after they had previously reached deeply overbought territory. The decline pushed the pair below the support of EMA50, intensifying the negative pressure and triggering a sharp acceleration in losses. This has restored the dominance and stability of the main short-term bearish trend, signaling the potential for further declines in the near term.

The AUDUSD pair rose in its latest intraday trading, attempting to break above the pivotal and stubborn resistance level at 0.7035. This resistance forced the pair to give up part of its early gains for the day. Meanwhile, the short-term corrective uptrend remains in control, supported by continued positive pressure as the pair trades above EMA50, which provides a dynamic support base and strengthens the chances of further gains in the near term. This is particularly evident as the relative strength indicators begin to show a bullish crossover after reaching oversold territory.

The USDCAD pair extended its gains in its latest intraday trading, attempting to cautiously recover some of its previous losses. However, the price has reached resistance at EMA50, threatening these gains and signaling a potential return to the dominance of the short-term corrective bearish trend. This comes as the relative strength indicators begin to show a bearish crossover after reaching deeply overbought territory, which could intensify the negative pressure surrounding the pair.