The AUDUSD rose slightly, affected by key support -Analysis-19-08-2025
AI Summary
- The AUDUSD price rose slightly due to stability at key support level 0.6485, aiming to recover previous losses and alleviate oversold conditions on the RSI
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The (AUDUSD) price rose in its last intraday trading, due to the stability of the key support level at 0.6485. gaining some of the positive momentum to help it achieve these gains that target recover some previous losses, and attempting to offload its clear oversold conditions on the (RSI), amid its affection by its exit from minor bullish channel’s range that limited its previous trading on the short-term basis, with the continuation of the negative pressure that comes from its trading below EMA50, which prevented the pair’s recovery in the previous period.
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The USDCAD begins its recovery -Analysis-19-08-2025
The (USDCAD) price settled high in its last intraday trading, amid the dominance of the main bullish trend on the short-term basis and its trading alongside a minor supportive bias line for this track, supported by its continuous trading above EMA50, besides the emergence of the positive signals on the (RSI), these factors help the price to recover after it attempted to gather positive momentum in its previous trading by the sideways trading.
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The USDJPY breaches a bearish correctional trend line -Analysis-19-08-2025
The (USDJPY) price witnessed fluctuated trading on its last intraday levels, in an attempt to offload some of its overbought conditions on the (RSI), especially with the emergence of the negative signals from there, gathering its positive strength that might help it to rise again, amid its affection by breaching a bearish correctional trend line on the short-term basis, taking advantage of the dynamic support that is represented by its trading above EMA50, which supports the bullish track.
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The GBPUSD leans on the support of its moving average -Analysis-19-08-2025
The (GBPUSD) price continued its decline on its last intraday trading, affected by breaking a bullish correctional bias line on a short-term basis, supported by the emergence of the negative signals on the (RSI), despite reaching oversold levels, to lean on the support of its EMA50, which might reduce the upcoming losses temporarily.
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