The AUDUSD price is breaking bullish corrective trend line- Analysis-04-11-2025
The (AUDUSD) price declined in its last intraday trading, after facing negative pressure due to surpassing the support of its EMA50, which intensifies with the emergence of the negative signals on the relative strength indicators. The price breaks a bullish corrective trend line on the short-term basis, erasing any chance of its recovery and suggesting extending its losses on the near-term basis.
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The USDCAD price is getting ready to meet our expected target- Analysis-04-11-2025
The (USDCAD) price returned to rise in its last intraday trading, preparing to reach the key resistance at 1.4075, which represents our expected target in our previous analysis, after its attempted to offload some of its overbought condition on the relative strength indicators during its previous trading, indicating the full dominance of the buying powers on the price, amid the dominance of the main bullish trend and its trading alongside minor steep trendline on the short-term basis, besides the continuation of the dynamic support that is represented by its trading above EMA50.
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The USDJPY is attacking key resistance-Analysis-04-11-2025
The (USDJPY) rose during its last intraday trading, to attack the key resistance at 154.30, supported by its trading above EMA50, which reinforces the strength of the dominant bullish track on the short-term basis, especially with its trading alongside trendline, besides the emergence of the positive signals on the relative strength indicators, after offloading the overbought conditions, opening the way for achieving more gains in the upcoming period.
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GBPUSD is getting ready to break its current support- Analysis-04-11-2025
The (GBPUSD) price declined slightly in its last intraday trading, preparing to break the current support at 1.3110, which represents our expected target in our previous analysis, amid the continuation of the dynamic pressure that is represented by its trading below EMA50, which reduces the chances of the price recovery on the near-term basis, amid the full dominance of the main bearish trend on the short-term basis and its trading alongside trendline.
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