The (NZDUSD) price witnesses a phase of relative calm on its last intraday levels, attempting to gather the gains of its previous rises, to gain bullish momentum that helps it to resume the strong upside track, and attempts to offload some clear overbought conditions on the relative strength indicators, and there is a dynamic support that is represented by its trading above EMA50, reinforcing the chances for targeting new resistance levels in the upcoming period.

The (AUDUSD) price kept rising in its last intraday trading, amid the continuation of the positive pressure due to its trading above EMA50, under the dominance of strong bullish wave on the short-term basis, besides the emergence of the positive signals on the relative strength indicators, despite reaching overbought levels, these factors help the price to achieve gains with some intraday risks in the upcoming period.

The (USDCAD) price rose in its last intraday trading, due to the stability of the support level at 1.3940 which represents potential target in our previous analysis, providing bullish momentum to the pair to help it achieve these gains, to offload its oversold conditions on the relative strength indicators, especially with the emergence of the positive signals, amid the dominance of minor bearish wave on the short-term basis alongside supportive trend line for this trend.

The (USDJPY) rose slightly in its last intraday trading, in attempt to recover some of its previous losses, and attempts to offload its clear oversold conditions on the relative strength indicators, especially with the emergence of the positive signals from there.

This comes amid the continuation of the negative pressure due to its trading below EMA50, with its trading within bearish corrective channel’s range that limited its previous trading on a short-term basis.