The (USDCHF) price declined in its last intraday trading, attempting to gain positive momentum to assist it to renew the positive momentum, amid its affection by reaching a main bearish trend line on the short-term basis, taking advantage of the dynamic support that is represented by its trading above its EMA50, with the emergence of the positive signals on the (RSI), despite reaching overbought levels.
The (NZDUSD) price settled with a decline in its last intraday trading, affected by breaking a main bullish trend line on the short-term basis, with the continuation of the negative pressure that comes from its trading below EMA50, on the other hand, we notice emerging of positive overlapping signals on the (RSI), after reaching oversold levels, to attempt to recover this oversold condition, which assist the pair to settle temporarily.
The (AUDUSD) price kept declining in its last intraday trading, witnessing fluctuated movement affected by breaking the minor bullish trend line on the short-term basis, with the continuation of the negative pressure due to its trading below EMA50, besides the emergence of the negative signals on the (RSI), despite reaching oversold levels, this fluctuated move is caused by the investors hesitation after the severe decline in the beginning of this week trading.
The (USDCAD) price jumped higher in its last intraday trading, amid the dominance of bullish correctional wave on the short-term basis and its trading alongside a bias line, with the continuation of the positive pressure that comes from its trading above its EMA50, attacking the critical resistance a t1.3760, the emergence of the positive signals on the (RSI) increases the positive pressure despite reaching overbought levels.