The (USDJPY) price declined in its last intraday trading, affected by the stability of the current resistance at 144.40, amid the domination of the bearish correctional trend on the short-term basis and its trading alongside a bias line.
Noticing the beginning of negative overlapping signals appearance on the (RSI), after reaching overbought levels, exaggeratedly compared to the price move, which suggests the formation of a negative divergence, which might increase the negative pressures.
The (USDCAD) price declined in its last intraday trading, with the price readiness to break the critical support level at 1.3690, amid the dominance of the main bearish trend and its trading below its EMA50, besides the emergence of the negative signals on the (RSI), after the price success in offloading its oversold conditions.
The (AUDUSD) price rose in its last intraday trading, due to its lean on the support of its EMA50, providing positive momentum that assisted it to achieve these last gains, amid the dominance of the main bullish trend and its trading within a minor bullish channel’s range that limits its previous trading on the short-term basis, besides the emergence of the positive signals on the (RSI).
The (NZDUSD) price rose in its last intraday trading, due to the stability of the support level at 0.5985, supported by its continuous trading above its EMA50, and under the bullish trend domination and its trading alongside a minor bias line on the short-term basis, noticing the beginning of forming a positive divergence on the (RSI), after reaching exaggerated oversold levels compared to the price move, with the beginning of the positive signals appearance.