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GBPUSD attempts to correct the bullish trend-Analysis-28-05-2025

Economies.com
2025-05-28 04:36AM UTC

The (GBPUSD) price settled lower in its last intraday trading, amid the pair’s attempts to gain positive momentum that might assist it to recover and rise again, by looking for a higher low that might assist to rise again, amid the dominance of the main bullish trend on the short-term basis and its trading alongside a bias line, with the continuation of the positive pressure that comes from its trading above its EMA50, besides the (RSI) reaching to the oversold levels, exaggeratedly compared to the price move, which suggest forming a positive divergence.

 

 

USDJPY witnesses fluctuated trading-Analysis-28-05-2025

Economies.com
2025-05-28 04:30AM UTC

The (USDJPY) price witnessed fluctuated trading in its last intraday trading, after it succeeded in surpassing the negative pressure of the EMA50, affected by its exit from a bearish channel’s range that was confining its previous trading on the short-term basis, to reach the resistance at 144.30, on the other hand, we notice the emergence of negative overlapping signals on the (RSI), after reaching overbought levels, which led to decrease the last gains.

 

 

USDCAD reaches critical resistance levels-Analysis-28-05-2025

Economies.com
2025-05-28 04:22AM UTC

The (USDCAD) price extended its gains in its last intraday trading, attempting to correct the main bearish trend on the short-term basis, reaching its last rise to retest the key resistance at 1.3840, accompanied by reaching the resistance of its EMA50, besides the (RSI) reaching exaggerated oversold levels compared to the price move.

 

 

AUDUSD leans on a critical support-Analysis-28-05-2025

Economies.com
2025-05-28 04:16AM UTC

The (AUDUSD) price witnessed a decline in its last intraday trading, attempting to look for a higher low to take it as a base that might assist it to gain the required positive momentum to recover, to lean on the support of its EMA50, accompanied by retesting the key support at 0.6435, this comes with the emergence of positive overlapping signals on the (RSI), after reaching exaggerated oversold levels compared by the price move.