The AUDUSD attempts to gain bullish momentum -Analysis-05-08-2025
AI Summary
- AUDUSD price declined in last trading session, but attempting to gain bullish momentum
- Negative signals on RSI present, but price may recover and rise again
- BestTradingSignal.com offers professional trading signals for US stocks, crypto, forex, and more, with VIP packages available
The (AUDUSD) price declined in its last trading on the intraday levels, amid the emergence of the negative signals on the (RSI), and the price is attempting to gain bullish momentum that might assist it to recover and rise again, in order to help it to get rid of the negative pressure of the EMA50, amid its affection by breaching a minor bearish trend line on the short-term basis.
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The USDCAD attempts to recover -Analysis-05-08-2025
The (USDCAD) price rose in its last trading on the intraday levels, amid the dominance of the main bullish trend on the short-term basis and its trading alongside a supportive bias line for the trend, with the continuation of the positive pressure that comes from its trading above its EMA50, besides the emergence of the positive signals on the (RSI) after reaching oversold levels.
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The USDJPY attempts to recover some of its losses -Analysis-05-08-2025
The (USDJPY) price rose in its last intraday trading, amid the continuation of the negative pressure that comes from its trading below EMA50, affected by breaking a main bullish trend line on a short-term basis. The price attempts to recover some of its previous losses and offload some of its oversold conditions on the (RSI), especially with the emergence of the positive signals from there.
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The GBPUSD is under negative pressure -Analysis-05-08-2025
The (GBPUSD) price declined in its last intraday trading, due to the stability of the current resistance level at 1.3300, amid the dominance of the main bearish trend on the short-term basis and its trading alongside a supportive line, with the continuation of the negative pressure due to its trading below EMA50, besides the emergence of the (RSI), after reaching overbought levels.
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Subscribe via TelegramVIP Trading Signals Performance – July 28 – August 1, 2025
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