The (USDCHF) price declined in its last intraday trading, to break the critical support at 0.8055, amid the dominance of the main bearish trend on the short-term basis and its trading alongside a bias line, with the emergence of the negative signals on the (RSI), after the pair success if offloading its oversold conditions in its previous trading, opening the way for recording more of the declines.
The (NZDUSD) price resumed the rise in its last intraday trading, amid the dominance of the main bullish trend and its affection by breaching a bearish correctional bias line on the short-term basis, with the continuation of the positive pressure that comes from its trading above EMA50, this last rise came after the price success in offloading its clear overbought conditions on the (RSI) in its previous trading, with the return of the positive signals from there, which opens the way towards achieving more of the gain.
The (AUDUSD) price expanded its gains in its last intraday trading, taking advantage of the dynamic support that is represented by its trading above EMA50, to breach the key resistance at 0.6510, reinforcing the chances for rising amid its affection by exiting bearish correctional channel’s range that was confining the trading on the short-term basis.
The (USDCAD) price declined in its last intraday trading, amid the emergence of the negative signals on the (RSI), in attempt to gain a bullish momentum that might assist it to recover and rise again, to lean on the support of a bullish correctional bias on the short-term basis, taking advantage of the dynamic support that is represented by its trading above its EMA50, reinforcing the stability of this positive trend.