The (AUDUSD) price declined in its last intraday trading, due to the stability of the critical resistance at 0.6535, surpassing the support of its EMA50, putting it under the negative pressure in its upcoming moves, amid the dominance of the main bullish trend and the trading within a minor channel’s range on the short-term basis, noticing the appearance of positive overlapping signals on the (RSI), after reaching oversold levels.
The (USDCAD) price settles high in its last intraday trading, supported by the emergence of the positive signals on the (RSI), after reaching oversold levels, and the price is attempting to offload some of this oversold conditions and recovering some of its previous losses, to retest the critical resistance at 1.3630, amid the continuation of the negative pressure that comes from its trading below its EMA50, and under the dominance of the main bearish trend on the short-term basis and its trading alongside a bias line.
The (USDJPY) price settled with a decline in its last intraday trading, amid the continuation of the negative pressure that comes from its trading below its EMA50, reaching to test the main bullish trend on the short-term basis, in last attempt to gain the required positive momentum to recover and rise again, especially with the emergence of the positive signals on the (RSI), after reaching exaggerated oversold levels compared by the price move.
The (GBPUSD) price declined sharply in its last intraday trading, after its failure to breach the critical resistance level at 1.3600, attempting to gain the required bullish momentum for breaching this resistance, and it attempts to offload some of its clear overbought conditions on the (RSI) indicators, especially with the emergence of the negative signals on them. The pair is approaching from leaning on the support of its EMA50, which represents positive support in the last period.