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The AUDUSD declines affected by critical resistance -Analysis-11-07-2025

Economies.com
2025-07-11 03:32AM UTC
AI Summary
  • AUDUSD price declined due to critical resistance at 0.6588
  • Positive momentum needed to breach resistance and offload overbought conditions
  • Dynamic support from trading above EMA50 and main bullish trend still dominant

The (AUDUSD) price declined in its last intraday trading, due to the stability of the key resistance at 0.6588, to attempt to gain positive momentum that might assist it to breach this resistance, and attempts to offload some of its clear overbought conditions on the (RSI), especially with the beginning of the negative signals appearance from them, amid the continuation of the dynamic support that is represented by its trading above EMA50, and under the dominance of the main bullish trend and its moves alongside a minor bias line on the short-term basis.

 

 

The USDCAD breaches main bearish trend line -Analysis-11-07-2025

Economies.com
2025-07-11 03:32AM UTC

 

The (USDCAD) price rose in its last intraday trading, taking advantage of the positive pressure due to its continuous trading above EMA50, with the emergence of the bullish signals on the (RSI), reinforcing the positive momentum, breaching the main bearish trend line on the short-term basis, indicating its momentum to resume the correctional rise.

 

 

 

The USDJPY is attacking its current resistance -Analysis-11-07-2025

Economies.com
2025-07-11 03:32AM UTC

The (USDJPY) price rose in the last intraday levels, amid the dominance of the bullish correctional trend on the short-term basis and its trading alongside a bias line, taking advantage of the dynamic support that is represented by its trading above EMA50, reaching the key resistance at 147.00, supported by the emergence of the positive signals on the (RSI), despite reaching overbought levels.

The GBPUSD is under negative pressure -Analysis-11-07-2025

Economies.com
2025-07-11 03:32AM UTC

The (GBPUSD) price declined in its last intraday trading, affected by the dominance of bearish correctional wave on the short-term basis, amid the weakness of the bullish momentum and the continuation of the technical pressures on the price.

 

This decline is supported by the continuation of the trading below EMA50, besides the emergence of the negative signals on the (RSI), indicating the markets prefer more bearish moves on the near-term basis, unless strong support emerges to change this trend.

Frequently asked questions

What is the price of AUD/USD today?

The price of AUD/USD is $0.6576 (2025-07-11 21:45PM UTC)