The (NZDUSD) price rose slightly in its last intraday trading, in attempt to recover some of its previous losses, attempting to offload some of its clear oversold levels from the relative strength indicators, especially with the emergence of positive overlapping signals, amid the continuation of the negative pressure due to its trading below EMA50, reducing the chances of full recovery on the near-term basis, especially with the trading within bearish corrective channel’s range that limited its previous trading on short-term basis.

The (AUDUSD) price rose in its last intraday trading, due to its leaning on the support of main bullish trend line on the short-term basis, gaining bullish momentum that had reinforced by the emergence of the positive signals from the relative strength indicators after reaching oversold levels, which helped it to achieve these last gains, on the other hand, the pair is under negative pressure due to its trading below EMA50, which reduces the chances of a recovery on the near-term basis.

The (USDCAD) price rose in its last intraday trading, taking advantage of the dynamic support that is represented by its trading above EMA50, which reinforces the stability and dominance of corrective bullish trend on the short-term basis, especially with its trading alongside supportive trend line, besides the emergence of positive signals from relative strength indicators, despite reaching overbought levels.

The (USDJPY) surged higher in its last intraday trading, after breaching 158.80, this resistance was our expected target in our previous analysis, amid the dominance of the main bullish trend  on short-term basis, with its trading alongside supportive trend line, besides the continuation of the dynamic pressure that is represented by its trading above EMA50, on the other hand, we notice the emergence of negative overlapping signals from the relative strength indicators, after reaching overbought levels, which might reduce the upcoming gains, and we might witness some corrective rebounds.