The (USDCAD) price settled low in its last intraday trading, amid the dominance of the main bearish trend on the short-term basis and its trading alongside a bias line, with the continuation of the negative pressure that comes from its trading below its EMA50, besides the emergence of the negative signals on the (RSI) after reaching overbought levels, reinforcing the bearish trend scenario.
The (USDJPY) price rose in its last intraday trading, affected by breaching a bearish correctional trend line on a short-term basis, with the continuation of the positive support that comes from its trading above its EMA50, keeping the positive momentum, especially with the emergence of the bullish signals on the (RSI), after reaching oversold levels.
The (GBPUSD) price declined in its last intraday trading, affected by negative technical formation on the short-term basis(the rising wedge pattern), with a continuous negative pressure due to its trading below its EMA50, besides the emergence of the negative signals on the (RSI), after its success in offloading its oversold condition in previous trading, which opens the way towards recording several declines, to break the current support at 1.3490.
The price of Bitcoin (BTCUSD) settled high in its recent intraday trading, amid the continuation of the clear dominance of the main bullish trend, moving alongside a minor bullish bias line on the short-term bias, reflecting the strength of the bullish momentum, and reinforces the continuation of the trading above EMA50, providing extra dynamic support.
At the same time, the (RSI) began providing bullish signals, after it reached exaggerated oversold levels, to begin overlapping positively, which supports the possibility for rising in the upcoming trading, unless facing strong resistance that stops this momentum.