The (USDCHF) price kept declining in its last intraday trading, amid its trading alongside the bearish trend line on the short-term basis, with the continuation of the negative pressure that comes from its trading below its EMA50, besides the continuation of the negative signals emerging on the (RSI), despite its stability in oversold levels.
The (NZDUSD) price declined sharply in its last intraday trading, due to the stability of the critical resistance level at 0.6070, attempting to gain a bullish momentum that might assist it to breach this resistance, and the price is attempting to offload some of its clear overbought conditions on the (RSI), especially with the beginning of the negative signals appearance from there, to lean on the support of its EMA50, amid the dominance of the main bullish trend and its trading alongside a minor bias line on the short-term basis.
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.