Trending: Oil | Gold | BITCOIN | EUR/USD | GBP/USD

AUDUSD declines due to critical resistance’s effect – Analysis – 17-04-2025

Economies.com
2025-04-17 05:32AM UTC

The AUDUSD price declined in its last trading on the intraday levels, due to the stability of the critical resistance level at 0.6390, attempting to gain positive momentum that might help it to recover and breach this resistance, amid the dominance of strong bullish wave on the short- term basis, with the continuation of the positive pressure due to its trading above EMA50.

 

Noting that the (RSI) began showing negative signals, despite entering oversold levels that are lower that the current price move, forming negative divergence that might extend the bearish move for the AUDUSD price.

NZDUSD gets ready to attack its current resistance – Analysis – 17-04-2025

Economies.com
2025-04-17 04:43AM UTC

The NZDUSD moved higher in its last intraday trading, amid its attempts to gain positive momentum that might help it to attack the current resistance at 0.5940, supported by the domination of strong bullish wave on the short-term basis, with the continuation of the positive momentum that comes from its trading above the EMA50.

USDCHF witnesses sideways correctional moves – Analysis – 17-04-2025

Economies.com
2025-04-17 04:23AM UTC

The USDCHF price settled on a rise in its last intraday trading, affected by the stability of the critical support at 0.8150, which led it to move in a correctional sideways range for the main bearish trend, besides its trading alongside a bearish trend line on the short term basis, and the price get advantage from the positive momentum that comes from the emergence of positive signals from the (RSI), after reaching oversold levels in attempt to overload this oversold condition.

Gold price takes a breath – Analysis – 17-04-2025

Economies.com
2025-04-17 04:11AM UTC

Gold has shown a slight advance in its recent intraday trading, after a previous decline that came as part of a natural profit-taking movement, which aimed to alleviate some of the clear overbought conditions on the Relative Strength Index (RSI) indicators, which have already started to show negative signals.

 

This comes amid the dominance of the main bullish trend, with trading alongside a steep trendline in the short- term basis, reflecting the strength of the dominant positive momentum. It also benefits from continued support due to trading above EMA50, which reinforce the chances for resuming the rise.

Frequently asked questions

What is the price of AUD/USD today?

The price of AUD/USD is $0.6518 (2025-08-07 06:05AM UTC)