The (USDCHF) price declined sharply in its last intraday trading, to break the support level at 0.8185, increasing the negative pressure on it, especially with the dominance of the bearish correctional trend on the short-term basis and its trading alongside a bias line, with the continuation of its trading below its EMA50, forming a dynamic resistance that prevent the price rise, besides the emergence of the negative signals on the (RSI), despite reaching oversold levels.
The (NZDUSD) price settled low in its last intraday trading, after surpassing the support of its EMA50, facing negative pressure with its attempts to look for a higher low to take it as a support that assist it to recover and rise again, amid the dominance of the main bullish trend on the short-term basis and its trading alongside a bias line, with the (RSI) reaching oversold levels, which suggest the beginning of forming positive divergence.
The (AUDUSD) price declined in its last intraday trading, amid the emergence of the negative signals on the (RSI), surpassing the support of its EMA50, facing negative pressure in its upcoming trading, especially with its readiness to break the key support at 0.6490, if it breaks this support, it will resume the bearish correctional decline.
The (USDCAD) price rose in its last intraday trading, amid the continuation of the negative pressure that comes from its trading below it EMA50, and under the main bearish trend domination on the short-term basis and its trading alongside a bias line, besides the return of the negative overlapping signals on the (RSI), after it succeeded in offloading its oversold conditions previously, which opens the way for recording more downside moves.