The (AUDUSD) price rose slightly in its last intraday trading, preparing to attack the solid resistance at 0.6625, amid the dominance of the main bullish trend on the short-term basis and its trading alongside supportive trend line for this track, with the continuation of the positive pressure due to its trading above EMA50, reinforcing the chances of the rise on the near-term basis, especially with the emergence of the positive signals on the relative strength indicators.
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The (USDCAD) price rose in its last intraday trading, after its lean on the support of its EMA50, gaining bullish momentum that helped it to achieve these gains, preparing to attack the critical and stubborn resistance at 1.3955, amid the dominance of the main bullish trend on the short-term basis and its trading alongside supportive trendline for this track, besides the relative strength indicators reaching oversold levels, exaggeratedly compared to the price movement, which indicate the fading of the bearish momentum, which pushes it to recover in the upcoming sessions.
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The (USDJPY) settled with gains in its last intraday trading, after offloading some of its clear overbought conditions on the relative strength indicators, which makes the momentum indicators show a new bullish crossover, opening the way for continuing the rise in the near-term basis.
This performance comes amid the dominance of strong bullish wave on the short-term basis, with the stability of the price above 149.95 support, reinforcing the stability of the current bullish trend, with the continuation of the positive support that comes from its trading above EMA50.
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The (GBPUSD) price declines in its last intraday levels, due to the stability of the current resistance at 1.3485, to gather the gains of its previous rises, attempting to gain bullish momentum that might help it to breach this resistance, and attempting to offload some of its overbought conditions on the relative strength indicators, especially with the emergence of negative overlapping signals from there, amid its affection by breaching minor bearish trend line on the short-term basis, with the continuation of the dynamic support that is represented by its trading above EMA50, reinforcing the chances of its recovery and rise again.
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