The (USDCHF) price declined in its last intraday trading, preparing to break the current support level at 0.7920, amid the continuation of the negative pressure that comes its trading below EMA50, with the emergence of the negative signals on the (RSI), after it succeeded in its previous trading in offloading its oversold conditions, opening the way for recording more losses, amid the dominance of the main bearish trend and its affection by breaking a bullish correctional trend line on the short-term basis.

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The (NZDUSD) price continued its rise in its last intraday trading, to confirm the continuation of the positive momentum that supports its bullish move, despite the emergence of negative signals on the (RSI) after reaching overbought levels.

This performance indicates the price attempts to offload these conditions without losing its momentum, taking advantage of its trading alongside a minor bullish trend line on the short-term basis, reinforcing the chances for resuming the rise, unless there are clearer reversal signals.

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The (AUDUSD) price expanded its gains in its last intraday trading, confirming breaching the critical resistance level at 0.6590, amid the continuation of the positive pressure due to its trading above EMA50, with the emergence of the positive signals on the (RSI), despite reaching overbought levels, this comes amid the dominance of the main bullish trend and its trading alongside a minor supportive bias for this trend on the short-term basis.

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The (USDCAD) price declined in its last intraday trading, after offloading its clear oversold conditions previously, which opened the way for recording more of the losses, amid the dominance of minor bearish wave on the short-term basis, with the continuation of the negative pressure that comes from its trading below EMA50, reinforcing the chances for the price’s decline on the near-term basis.

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