The (USDCHF) price settled high in its last intraday trading, after reaching the resistance of its EMA50, amid the dominance of the main bearish trend on the short-term basis and its trading alongside a bias line, noticing the beginning of negative overlapping signals on the (RSI), after reaching overbought levels, these factors suggest ending the positive momentum that led to create the bullish correctional wave.

The (NZDUSD) price rose in its last intraday trading, after leaning on the support of main bullish trend line on the short-term basis, providing positive momentum that assisted it to achieve these gains, especially with the beginning of positive overlapping signals on the (RSI), after reaching oversold levels, suggesting the beginning of positive divergence, which might increase the negative pressure from its trading below its EMA50, decelerating the rise of the price.

The (AUDUSD) price rose in its last intraday trading, attempting to recover some of its yesterday’s losses, and attempts to offload some of its clear oversold conditions on the (RSI) especially with the beginning of the positive signals appearance from them, besides the negative pressure that comes from the par’s trading below its EMA50, after its decline yesterday due to the stability of the critical resistance level at 0.6535.

The (USDCAD) price settled high in its last intraday trading, gathering its previous rises and attempts to offload some of its clear overbought conditions on the (RSI), especially with the emergence of negative overlapping signals, with the price affection by breaching a main bearish trend line on the short-term basis, accompanied by surpassing the resistance of the EMA50, and surpassing its negative pressures which provided more of the bullish momentum.