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The AUDUSD price is leaning on the support of its simple moving average- Analysis-08-01-2026

Economies.com
2026-01-08 02:42AM UTC

The (AUDUSD) price declined in its last intraday trading, amid the emergence of the negative signals from the relative strength indicators, to look for rising low to use it as a base for gaining the required bullish momentum to recover, reaching the support of its EMA50, amid the dominance of the main bullish trend on the short-term basis, with its trading alongside supportive line for this trend.

 

 

The USDCAD price reaches our expected target- Analysis-08-01-2026

Economies.com
2026-01-08 02:31AM UTC

The (USDCAD) price extended its gains in its last intraday trading, attacking the key resistance at 1.3865, this resistance represents a target in our previous analysis, amid the continuation of the dynamic support that is represented by its trading above EMA50, and under the dominance of bullish corrective wave on the short-term basis, with its trading alongside supportive line for this trend, besides the emergence of the positive signals from the relative strength indicators, despite reaching overbought levels.

 

 

 

The USDJPY is attacking solid resistance-Analysis-08-01-2026

Economies.com
2026-01-08 02:27AM UTC

The (USDJPY) surged higher in its last intraday trading, to attack key resistance at 156.95, supported by the emergence of the positive signals from the relative strength indicators, supported by continued dynamic support that is represented by its trading above EMA50, which reinforces the stability and dominance of the main bullish trend on the short-term basis, especially with its trading alongside supportive minor trend line for this trend.

 

 

GBPUSD price is getting positive support- Analysis- 08-01-2026

Economies.com
2026-01-08 02:25AM UTC

 

GBPUSD kept declining in its last intraday trading, affected by the negative pressure due to its trading below EMA50, with the emergence of negative signals from relative strength indicators, despite reaching oversold levels, to surpass the support of minor bullish trend line on a short-term basis, putting more negative pressures in the upcoming period.