The (USDCAD) price declined in its last intraday trading, as it reached the resistance of its EMA50, which puts it under negative pressure to gain positive momentum that might assist it to get rid of this pressure, and attempts to offload some of its clear overbought conditions on the (RSI), especially with the emergence of the negative signals amid the dominance of the main bullish trend and the trading alongside a minor supportive bias line for this trend.
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The (USDJPY) price kept rising in its last intraday trading, to breach the key resistance level at 148.00, accompanied by surpassing the resistance of EMA50, to get rid of its negative pressure at one time, amid the emergence of the positive signals on the (RSI), despite reaching overbought levels, and under the dominance of the main bullish trend on the short-term basis and its trading alongside a supportive bias line for this trend.
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The (GBPUSD) price settled with slight rise in its last intraday trading, amid its affection by breaking a bullish correctional trend line on the short-term basis, after it declined due to the stability of the key resistance at 1.3475, to attempt to recover some of its losses, and offloading some of its oversold conditions on the (RSI), accompanied by the continuation of the positive pressure that comes from its trading above EMA50.
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The price of Bitcoin (BTCUSD) rose in its last intraday trading, after its rebound from the support level at $118,000, where the stability of this support assisted to reinforce the positive momentum and pushed the price to achieve these gains, amid the continuation of the main bullish trend dominance, and the trading alongside a supportive minor bias line, indicating the strength of the current technical track.
Bitcoin price kept a positive pressure that comes from its stability above its EMA50, besides the reach of (RSI) to oversold levels, reinforcing the possibilities for the continuation of the recovery on the short-term basis unless facing sudden selling pressures.
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