The USDCHF pair kept rising in its last intraday trading, amid the dominance of the main bullish trend on the short-term basis, with its trading alongside supportive trend line for this path, taking advantage of the positive support that is represented by its trading above EMA50, which represents a dynamic support base that reinforces the chances of extending these gains in the near period, on the other hand, we notice the emergence of negative overlapping signals from the relative strength indicators after reaching overbought levels, which makes us witness some corrective rebounds, which target gathering gains and positive momentum.

(NZDUSD) rose slightly in its recent intraday trading, preparing to reach the key resistance level at 0.5780, taking advantage of the positive support that comes from its trading above EMA50, which represents a dynamic support base that reinforces the dominance of the bullish corrective trend on the short-term basis, with its trading alongside supportive trend line for this path, with the emergence of the positive signals from the relative strength indicators after reaching exaggerated oversold levels compared to the price move, which is considered as a clear signal for a new bullish momentum.

(AUDUSD) settles lower in its latest intraday trading, with the emergence of the negative signals from the relative strength indicators, after reaching overbought levels. The pair leans on EMA50’s support, attempting to gain bullish momentum that might help it to recover and rise again, amid the dominance of bullish corrective wave on the short-term basis, with its trading alongside supportive trend line for this path.

USDCAD witnessed limited gains in its last intraday trading, due to the stability of the key support at 1.4145, gaining some bullish momentum amid the dominance of bearish corrective wave on the short-term basis, affected by breaking bullish trend line previously, with the continuation of the negative pressure due to its trading below EMA50, which reduces the chances of full recovery in the near upcoming period, especially with the relative strength indicators reaching severe overbought levels compared to the price action, as a clear signals for a quick lose for this momentum.