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 (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.
The (USDJPY) price continued its decline in its last intraday trading, surpassing the support of EMA50, which puts it under negative pressure, and it is intensified by the beginning of the negative signals appearance on the (RSI), under the dominance of sharp minor bearish wave on the short-term basis, indicating the dominance of the sellers.
The (GBPUSD) price continued it rise in its last intraday trading, supported by the dominance of the main bullish trend and its trading alongside a bias line, accompanied by the continuation of the positive support that comes from its stability above its EMA50, reinforcing the chances for the continuation of the rise, especially with the emergence of the positive signals on the (RSI), despite reaching overbought levels, showing an improvement in the buying momentum, and opening the way towards more of the potential gains.