AUDUSD continues to trade lower during recent intraday sessions, reaching the support level at 0.6910, which was our final downside target in previous analyses. The pair remains under negative pressure as it trades below its EMA50, reinforcing the dominance of the main short-term bearish trend while moving along a trendline supporting this direction.

USDCAD remains near a series of consecutive gains during recent intraday trading, supported by strong positive momentum and continued trading above its EMA50.

The moving average continues to provide dynamic support, reinforcing the stability of the main short-term uptrend and supporting further upside attempts. Relative strength indicators also remain positive despite reaching overbought levels, suggesting the possibility of temporary consolidation or volatility before the upward trend resumes, without altering the overall bullish outlook.

USDJPY traded in a volatile range during recent intraday sessions as the pair attempted to break above the key resistance level at 161.50. A successful breakout could provide additional bullish momentum and support further gains in the near term.

Positive signals have started to emerge from relative strength indicators after the pair eased its overbought conditions, giving price action more room to extend its advance. The pair also remains above its EMA50, which continues to provide positive support and reinforce the dominant short-term uptrend.

GBPUSD declined during recent intraday trading, weighed down by persistent selling pressure. The pair continues to trade below its EMA50, which acts as dynamic resistance and reinforces the main short-term bearish trend.

Trading is also pressured by negative signals from relative strength indicators, which continue to reflect weak buying momentum despite reaching deeply oversold levels. This suggests that sellers remain in control, keeping the door open for further declines in the near term, although a limited corrective rebound cannot be ruled out.