|
EURUSD attempts to gain positive momentum – Analysis – 15-04-2025
The EURUSD maintained a bearish sideways movement during its recent intraday trading, affected by the emergence of negative signals on the (RSI), which may represent a temporary attempt to relieve negative momentum before resuming the rise.
These recent moves come after a yesterday's rise. but, the overall short-term trend remains bullish, supported by continued trading above EMA50, as well as the dominance of the main bullish trend on the short-term basis, and the momentum indicators have started entering clearly oversold areas, supporting the chances of an imminent price rebound.
The GBPUSD price is between conditional rise and potential correction – Analysis – 15-04-2025
The GBPUSD settled with a slight rise, approaching from the key resistance level at 1.3200 in an attempt to breach it. Getting advantage from the positive momentum of the dominant bullish trend on the short-term basis, and trading above the EMA50.
MoreUSDJPY price rises affected by a key support – Analysis – 15-04-2025
The USDJPY price rose during its recent intraday trading, supported by the stability of the key support level at 142.25, providing temporary bullish momentum, especially with the emergence of positive signals from the Relative Strength Index (RSI), supporting the pair’s attempts to recover some of its previous losses.
MoreThe USDCAD shows more signs of weakness – Analysis – 15-04-2025
The USDCAD pair witnessed a slight rise in its latest intraday trading, supported by the stability of the 1.3860 support level, which provided some positive momentum that allowed the pair to recover some of its previous losses.
More