The USDJPY declined in its recent intraday trading, to break the critical support at 142.25, this level still forming a defensing barrier against the pair’s decline all over the last week, amid the dominance of the main bearish trend on the short- term basis, and there are negative signals appear on the (RSI), beside continuous negative pressure by its trading below EMA50.
The USDCAD declined in its recent trading on the intraday levels, amid the dominance of the main bearish trend on the short-term basis and its trading alongside trend line, with the continuation of the negative pressure due to its trading below EMA50.
To break the critical support level at 1.3850 in its recent decline, accompanied with the negative signals that appear on the (RSI), after reaching overbought levels, reinforcing the negative overview.
The AUDUSD rose in its recent intraday trading, to attack the critical resistance level at 0.6390, amid the dominance of strong bullish wave on the short-term basis, with the continuation of the positive support due to its trading above EMA50.
The formation of positive divergence in the (RSI) supports the price’s rise, after reaching the oversold levels, exaggerated with the price move, and there are positive signals come from them.
The NZDUSD witnessed a strong rise in its last intraday trading, to succeed to surpass the ley resistance at 0.5940, amid the dominance of the main bullish trend on the short-term basis, with the beginning of a divergence appearance compared with the price move, and there are positive signals come from it, increasing more of the positive momentum on the NZDUSD’s upcoming moves.