The AUDUSD is amid positive expectations -Analysis-07-08-2025
AI Summary
- The AUDUSD price is currently trading high with positive expectations, supported by EMA50 and a minor bullish wave on a short-term basis
- BestTradingSignal.com offers professional trading signals for US stocks, cryptocurrencies, forex, and VIP signals for various markets
- VIP Trading Signals Performance for July 28 - August 1, 2025 can be viewed on their website for more detailed information
The (AUDUSD) price settled high in its last intraday trading, taking advantage of the dynamic support that is represented by its trading above EMA50, and under the dominance of minor bullish wave on the short-term basis and its trading alongside a bullish bias line, indicating the strength of this track, with the emergence of the positive signals on the (RSI), despite their reach to overbought levels.
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The USDCAD is surrounded by negative pressures -Analysis-07-08-2025
The (USDCAD) price declined in its last trading on the intraday levels, affected by breaking bullish trend line yesterday on the short-term basis, leading to surpass the support of EMA50, intensifying the surrounding negative pressures, besides the emergence of the negative signals on the (RSI), despite reaching oversold levels, to resume this correctional decline.
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The USDJPY attempts to offload its oversold conditions -Analysis-07-08-2025
The (USDJPY) price rose in its last intraday trading, in an attempt to offload some of its clear oversold conditions on the (RSI), especially with the emergence of the positive signals from there, amid the continuation of the negative pressure due to its trading below EMA50, which represents a dynamic resistance that prevent the pair’s recovery on the near term basis, and under the dominance of bearish correctional wave on the short-term basis.
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The GBPUSD is correcting the main bearish trend -Analysis-07-08-2025
The (GBPUSD) price settled on strong rise in its last intraday trading, taking advantage of the dynamic support that is represented by its trading above EMA50. The pair attempts to correct the main bearish trend on the short-term basis, amid its trading alongside a supportive bias line for this trend, noticing that the (RSI) have reached overbought levels, with the beginning of negative overlapping signals appearance, which might obstacle the rise on the intraday level.
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