USDCAD declined in its last intraday trading, amid the dominance of the bearish corrective trend on the short-term basis, with the trading alongside supportive trend line for this path, besides the continuation of the negative pressure due to its trading below EMA50, which represents a dynamic resistance that reduces the chances of full recovery on the near term basis, after reaching exaggerated overbought levels compared to the price action, intensifying the negative pressure on the pair.

USDJPY settles with gains in its last intraday trading, taking advantage of the continued dynamic support due to its trading above EMA50, with the dominance of the main bullish trend on the short-term basis, with its trading alongside supportive trend line, on the other hand, we notice the emergence of negative overlapping signals on the relative strength indicators, after reaching overbought conditions, which might reduce the gains in the near upcoming period.

GBPUSD settles on series of consecutive losses in its recent intraday trading, to look for a higher low to use it as a base that might help it recover and rise again, amid the continuation of the positive support that comes from its trading above EMA50, which represents a dynamic support that reinforces the strength and stability of the main bullish trend on the short-term basis, with its trading alongside supportive trend line for this path, and the relative strength indicators have entered exaggerated oversold levels compared to the price move, as a strong signal for a new bullish momentum to reinforce the chances of its recovery.

(BTCUSD) declined during its latest intraday trading, after it failed to surpass the current resistance at $64,500, to enter limited corrective move to look for a new higher low to form support base that might provide the required momentum for resuming the recovery.

the price is leaning on EMA50’s support, which acts as dynamic support amid the dominance of a short term minor bullish wave, and trading alongside supportive trend line, as the relative strength indicators began sending positive signals with the emergence of bullish crossover after reaching oversold levels, which reinforces the chances of recovering the buying momentum in the near upcoming period.