The (USDCHF) price settled with slight gains in its last intraday trading, after reaching our target yesterday at 0.7895, gaining bullish momentum that assisted it to bounce in attempt to recover some of its previous losses, and it succeeded to offload its clear oversold conditions on the (RSI), to enter exaggerated overbought levels compared by the pair’s move, with the beginning of negative overlapping signals appearance, this comes amid the dominance of the main bearish trend on the short-term basis and its trading alongside a bias line.

The (NZDUSD) price rose in its last intraday trading, amid the dominance of the main bullish trend on the short-term basis, with the continuation of the dynamic support that is represented in its trading above EMA50, after it succeeded to offload its overbought conditions on the (RSI) previously, with the beginning of positive overlapping signals appearance, opening the way for achieving more of the gains.

The (AUDUSD) price declined in its last intraday trading, attempting to gain a bullish momentum that might assist it to recover and rise again, and attempts to offload some of its overbought conditions on the (RSI), especially with the emergence of the negative signals from there, amid the dominance of the main bullish trend on the short-term basis, with a continuous positive support due to its trading above its EMA50, keeping the bullish scenario valid.

The (USDCAD) price settled with cautious gains in its last intraday trading, amid the attempts of recovering some of its previous losses, to succeed to offload its oversold conditions on the (RSI), to begin sending negative signals, especially with the pair’s trading below EMA50, and under the dominance of the main bearish trend on the short-term basis and its trading alongside a bias line.