The (USDCAD) price settled on a rise in it last intraday trading, reaching main bearish trend line on the short-term basis, accompanied by reaching EMA50’s resistance, which reinforces the strength and importance of this level as a resistance might detect the upcoming trend, especially after reaching overbought levels.

The (USDJPY) rose in its last intraday trading, reaching the resistance of EMA50, amid the dominance of the bearish corrective trend on the short-term basis and the trading within channel’s range that limited its previous trading, after reaching exaggerated overbought levels compared to the price move, with the emergence of negative overlapping signals, intensifying the negative pressure on the near-term basis.

GBPUSD declined slightly in its last intraday trading, to gather its bullish momentum to help it rise again, leaning on EMA50’s support, amid the dominance of main bullish trend on the short-term basis and its trading alongside supportive trend line for this track, besides the emergence of positive signals on the relative strength indicators, after reaching oversold levels, providing renewed bullish momentum to the pair in the upcoming period.

Bitcoin’s price settled with sharp losses in its last intraday trading, preparing to break the key support at $85,500, amid its trading alongside minor bearish trend line on the short-term basis, indicating the continuation of the selling pressures dominance on the trading.

This pressure increases with the continuation of the trading below EMA50, which represents dynamic resistance that limit the recovery chances on the near-term basis, accompanied by emergence of negative signals from relative strength indicators, despite reaching oversold levels, indicating the weakness of the bullish momentum and the price ability to rebound currently.