The (USDCAD) price rose in its last intraday trading, after reaching our target at the support of 1.3540 yesterday, gaining a positive momentum due to the stability of this support, to attempt to recover some of its previous losses as a correction for the main bearish correction on the short-term basis amid its trading alongside a bias line, and it is attempting to offload some of its clear oversold conditions on the (RSI), especially with the beginning of the positive signals, this comes with the continuation of the negative dynamic pressure that is represented by its trading below EMA50.

The (AUDUSD) price witnessed fluctuated trading that preferred the decline in its last intraday trading, due to the stability of the critical resistance level at 0.65355, to lean on the support of EMA50, gaining some positive momentum that is required for its recovery, which assisted it to bounce higher to reduce its early losses, amid the dominance pf the main bullish trend on the short-term basis alongside a bias line, on the other hand, the negative signals emerge on the (RSI), in attempt to offload the overbought conditions. 

The (USDJPY) price kept its rise in its last intraday trading, taking advantage of the positive support that comes from its stability above EMA50, reinforcing the strength of the bullish trend on the short-term basis.

This rise is accompanied by the emergence of the positive signals on the (RSI), after reaching oversold levels, which supports the continuation of the bullish momentum, especially if the price keeps its trading alongside a clear bullish bias line that supports the current bullish track.

The (GBPUSD) price declined in its last intraday trading, affected by the stability of the critical and stubborn resistance level at 1.3600, which formed an obstacle against the continuation of the rise and pushed the price to catch its breath.

This decline comes with the pair’s attempts to gain the required positive momentum to breach this resistance, supported by the stability of its trading above EMA50, and under the dominance of the bullish trend on the short-term basis, with the continuation of its trading alongside a bias line, accompanied with its attempt to offload the clear overbought condition in the (RSI), especially with the emergence of the negative signals.