The AUDUSD breaches a minor bearish bias -Analysis-04-08-2025
AI Summary
- AUDUSD price settled high in last intraday trading, supported by positive signals on RSI and breaching a minor bearish trend line
- Pair remains under negative pressure trading below EMA50, which may slow recovery on near-term basis
- BestTradingSignal.com offers professional trading signals for US stocks, crypto, forex, and VIP signals for gold, oil, forex, bitcoin, ethereum, and indices
The (AUDUSD) price settled high in its last intraday trading, supported by the emergence of positive signals on the (RSI), affected by breaching a minor bearish trend line on the short-term basis, on the other hand, the pair remains under the negative pressure that comes from its trading below EMA50, which might decelerate the attempts of the recovery on the near-term basis.
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The USDCAD gets ready to break critical support -Analysis-04-08-2025
The (USDCAD) price declined in its last trading on the intraday levels, amid the dominance of sharp bearish correctional wave on the intraday levels, with the emergence of the negative signals on the (RSI), after reaching overbought levels, preparing to break the critical support at 1.3775, on the other hand, the pair remains taking advantage of the positive support that comes from its trading above EMA50, which might reduce its upcoming losses.
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The USDJPY attempts to offload its oversold conditions -Analysis-04-08-2025
The (USDJPY) price rose in its last intraday trading, attempting to recover some of its previous losses, and offloading some of its clear oversold conditions on the (RSI), especially with the emergence of positive overlapping signals from there, amid its affection by the negative pressure due to its trading below EAM50, with its previous break to a minor bullish trend line n the short-term basis.
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The GBPUSD gets ready to attack its current resistance -Analysis-04-08-2025
The (GBPUSD) price settles with a rise in its last intraday trading, taking advantage of the positive signals that appear on the (RSI), after forming strong bullish correctional wave on its intraday levels, after the sharp rise in the end of the last week trading, to attack minor bearish bias line on the short-term basis, accompanied by its readiness to attack the key resistance level at 1.3300, on the same time the price remains under negative pressure that comes from its trading below EMA50, which might reduce its upcoming gains.
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