The (NZDUSD) price rose in its last intraday trading, after its success in gathering the gains of its previous rises, and offloading its clear overbought condition on the (RSI), opening the way for achieving more of the rises, amid the continuation of the positive support due to its trading above its EMA50, and its affection in previous time by breaching a bearish correctional trend line on the short-term basis.
The (AUDUSD) price settled high in its last intraday trading, amid its attempts to gain a bullish momentum that might assist it to breach the current resistance T0.6510, with the emergence of the positive signals on the (RSI), assisted by the dynamic support that is represented by its trading above EMA50, this comes amid its affection by breaching a bearish correctional trend line on the short-term basis.
The (USDCAD) price rose slightly in its last intraday trading, after our target at the support of 1.3685, gaining some positive momentum due to the stability of this level, bouncing higher amid the continuation of the positive signals on the (RSI), after reaching exaggerated oversold levels compared by the price current move, the price still keeping the bullish correctional trend on the short-term basis.
The (USDJPY) price declined in its last intraday trading, amid the continuation of the negative pressure due to its trading below EMA50, affected by breaking a bullish correctional trend line on the short-term basis, this decline came after offloading some of its clear oversold conditions on the (RSI), especially with the emergence of positive signals from there, however it couldn’t settle more than that, representing a clear signal for its momentum to begin a new bearish wave.