The GBPUSD gets ready to break a key support -Analysis-15-05-2025

The (USDJPY) price declined in its recent intraday trading, attempting to gain positive momentum that might assist it to rise again, after the price rise due to the stability of the critical support at 145.90, where it found the rising bottom that assisted it to gain the positive momentum, amid the dominance of the bullish correctional trend on the short-term basis and its trading alongside a bias line, with the continuation of the dynamic support in its trading above its EMA50, besides the emergence of the positive signals on the (RSI), after reaching oversold levels.

The (USDCAD) price settled on a rise in its recent intraday trading, due to its lean on the support level at 1.3900 previously as we expected yesterday, accompanied by leaning on a bullish correctional trend line on the short-term basis too, with the continuation of the positive support due to its trading above its EMA5O, preparing to attack the critical resistance level at 1.4000 now.

The AUDUSD price settled on a decline in its recent intraday trading, to break the current support at 0.6435, confirming the extension of the bearish correctional trend on the short-term basis, it surpassed the support of its EMA50 which increases the negative pressure, with the emergence of the negative signals on the (RSI), after reaching overbought levels.