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The AUDUSD price is experiencing justified profit-taking- Analysis-01-12-2025

Economies.com
2025-12-01 02:29AM UTC

The (AUDUSD) price declined amid fluctuated trading, due to the stability of the current resistance at 0.6550, which represents our expected target in our previous analysis, to gather the gains of its previous rises, attempting to gain bullish momentum that may help it breach this resistance, amid the dominance of strong corrective wave on the short-term basis, with the continuation of the dynamic support that is represented by its trading above EMA50, on the other hand, we notice the emergence of negative signals on the relative strength indicators after reaching overbought levels, which may obstruct the chances of the upside movement on the intraday basis.

 

 

The USDCAD price is attempting to recover some of its losses- Analysis-01-12-2025

Economies.com
2025-12-01 02:25AM UTC

The (USDCAD) price rose slightly in its last intraday trading, in attempt to recover some previous losses, supported by the beginning of forming positive divergence on the relative strength indicators, especially with the emergence of positive overlapping signals, amid the dominance of steep bearish corrective wave on the short-term basis, with the continuation of the negative pressure due to its trading below EMA50, reducing the chances of the price recovery on the near-term basis.

 

 

The USDJPY breaks main bullish trend line-Analysis-01-12-2025

Economies.com
2025-12-01 02:22AM UTC

The (USDJPY) slipped lower in its last intraday trading, accompanied by dynamic negative pressure that is represented by its trading below EMA50, besides the emergence of negative signals on the relative strength indicators, after reaching overbought levels, to break main bullish trend lune on the short-term basis, announcing the continuation of the bearish corrective wave in the upcoming period, unless its takes advantage from the key support.

 

 

GBPUSD price is attempting to gain bullish momentum- Analysis-01-12-2025

Economies.com
2025-12-01 02:17AM UTC

The (GBPUSD) price declined slightly in its last intraday trading, attempting to gather bullish momentum to recover and rise again, preparing to attack the key resistance at 1.3265, amid the continuation of the bullish support due to its trading above EMA50, reinforcing the stability of the bullish corrective trend on the short-term basis, with its trading alongside minor trend line, besides the emergence of the positive signals on the relative strength indicators, after reaching oversold levels.