The (USDCAD) price rose in it last intraday trading, with the emergence of positive signal from relative strength indicators after reaching oversold levels, attempting to recover some of its previous losses, amid the continuation of the dynamic pressure that is represented by its trading below EMA50, reinforcing the stability and dominance of the main bearish trend on the short-term basis, especially with its trading alongside trend line.

The (USDJPY) rose slightly in fluctuated trading on its last intraday levels, amid the attempts of recovering some of its previous losses, besides its attempt to offload its oversold conditions on the relative strength indicators, especially with the emergence of positive signals from there, affected by breaking main bullish trend line on the short-term basis, with the continuation of the negative pressure due to its trading below EMA50, reducing the chances of the recovery on the near-term basis.

GBPUSD declined in its last intraday trading, with the stability of the key resistance at 1.3415, to gather the gains of its previous rises, attempting to gain bullish momentum that might help it to breach this resistance, besides offloading some of its clear overbought conditions on the relative strength indicators, especially with the emergence of the negative signals, amid its trading alongside bullish trend line on the short-term basis, with the continuation of the positive pressure due to its trading above EMA50, reinforcing the chances of the price recovery in the upcoming period.

Bitcoin’s price declined in its last intraday trading, amid the continuation of the dynamic negative pressure due to its trading below EMA50, which reduced the recovery chances on the near-term basis, especially after breaking bullish corrective trend line that was supporting its short-term trading.

This decline comes with the emergence of negative overlapping signals on the relative strength indicators, after reaching exaggerated overbought levels compared to the price move, indicating the beginning of forming negative divergence, which might intensify the negative pressures and open the way for more intraday declines unless this bearish momentum continues.