The (AUDUSD) price declined in its last intraday trading, affected by hitting the resistance of its EMA50, which put it under the dominance of steep minor bearish wave with its trading alongside trend line, besides the emergence of the negative signals on the relative strength indicators, after offloading its oversold levels, intensifying the negative pressure on the pair.
The (USDCAD) price rose in its last intraday trading, attempting to recover some of its previous losses and attempting to offload some of its oversold conditions on the relative strength indicators, especially with the emergence of positive overlapping signals, amid the negative pressure due to its trading below EMA50, with breaking minor bullish trendline on the short-term basis.
The (USDJPY) declined slightly in its last intraday trading, after reaching 155.65 resistance, which represents our target in our previous analysis, attempting to gain bullish momentum that may help it to breach this resistance, and attempting to offload some of its clear overbought conditions on the relative strength indicators, especially with the emergence of the negative signals, amid the continuation of the positive support due to its trading above EMA50, which reinforces the dominance of the main bullish trend on the short-term basis with its trading alongside trend line.
The (GBPUSD) price declined in its last intraday trading, surpassing the support of its EMA50, accompanied by breaking bullish corrective trend line that supported the price in the previous period, putting it under intensive negative pressure that reinforces by the return of the negative signals on the relative strength indicators, after offloading the oversold conditions, opening the way for recording more downside moves.