The USD/JPY pair edged lower in latest intraday trading, after the pivotal resistance of 150.95 held on, especially as the price finished a negative harmonic pattern there, the Gartley pattern, with negative signals emerging from the Stochastic after reaching overbought levels.
It comes as the price trades within an upward correctional price channel that guided recent short-term trading.
The USD/CAD price settled higher in latest intraday trading after a hesitant rise across the day while testing a downward secondary trend line in the short term, as the price bumped into the resistance of the 50-candle SMA, representing additional negative pressure, especially with negative signals emerging from the Stochastic after reaching overbought levels, hinting at negative divergence.
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The AUD/USD price fell in latest intraday trading, with ongoing negative pressure due to trading below the 50-candle SMA, coupled with negative signals emerging from the Stochastic.
However, the price is moving alongside a main upward trend line in the short term, and about to lean on it in a final attempt to gather necessary positive momentum for recovery.
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The NZD/USD price fell in the intraday levels while moving alongside a downward correctional trend line in the short term, with negative signals emerging from the Stochastic after reaching overbought levels, while the price suffers from ongoing negative pressure due to trading below the 50-candle SMA.
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