The (USDCAD) price declined in its last intraday trading, amid the continuation of the negative pressure due to its trading below EMA50, affected by breaking bullish corrective trend line on short-term basis, intensifying the negative pressure on the pair, besides the emergence of negative overlapping signals on the relative strength indicators, after offloading its oversold conditions, opening the way for recording more losses on a near-term basis.

The (USDJPY) declined in its last intraday trading, after reaching EMA50’s resistance, which put it under negative pressure that forced it to rebound lower again, amid the dominance of the main bullish trend on a short-term basis, with its trading alongside supportive trend line for this track until this moment, on the other hand, we notice the emergence of positive signals from relative strength indicators, after offloading its overbought conditions, providing an opportunity for the recovery on near-term basis.

GBPUSD rose slightly in its last trading on the intraday levels, after offloading its overbought conditions on the relative strength indicators, which leads the indicators to reach exaggerated oversold levels compared to the price move, affected by leaning on EMA50’s support, which provided intensive bullish momentum, accompanied by the effect of positive technical formation that formed previously on short-term basis, which is the falling wedge pattern, and the reinforces the rising chances in the upcoming period.

Bitcoin’s price rose during its last intraday trading, after reaching $88,00 support, which represents expected target in our previous analysis, providing bullish momentum that helped it achieve intraday gains to offload some of its previous losses.

The price is attempting to offload some of its clear oversold conditions on the relative strength indicators, especially with the emergence of positive overlapping signals, reinforcing the chances of stability and recovery, despite the previous negative effect of breaking the main bullish trend line on a short-term basis, which remains dominating the current moves.