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NZDUSD is Retesting Key Resistance – Analysis – 02-07-2026

Economies.com
2026-07-02 02:51 UTC

 

 

(NZDUSD) rose slightly in its recent intraday trading, with the emergence of the positive signals from the relative strength indicators, after offloading its overbought conditions, which helps it to settle above EMA50, providing dynamic support that might help the pair extend its gains in the near upcoming period.

On the other hand, the pair remains under the dominance of the main bearish trend on the short-term basis, with its trading alongside supportive trend line for this path and reduces the chances of this recovery.

 

 

AUDUSD Price is under negative pressure – Analysis – 02-07-2026

Economies.com
2026-07-02 02:48 UTC

 

(AUDUSD) fluctuated in its latest intraday trading, with the continuation of the negative pressure that comes from its trading below EMA50, which reduces the chances of full recovery in the near upcoming period, especially with the dominance of the main bearish trend on a short-term basis, with its trading alongside supportive trend line.

 

 

USDCAD Attempts to Get Bullish Momentum– Analysis – 02-07-2026

Economies.com
2026-07-02 02:46 UTC

 

 

USDCAD fluctuated in its last intraday trading, amid its attempts to gain bullish momentum that might lead it to breach the stubborn key resistance at 1.4245, supported by its continued trading above EMA50, gaining renewed bullish momentum, especially with the dominance of the main bullish trend on the short-term basis, with its trading alongside minor supportive trend line, on the other hand, there are negative signals come from the relative strength indicators, which reduces the recovery.

 

 

USDJPY Shows Supportive Signals for the Bullish Trend – Analysis – 02-07-2026

Economies.com
2026-07-02 00:55 UTC

 

 

USDJPY rose slightly in its last intraday trading, keeping its trading above 162.50 resistance, as a signal for reinforcing the chances of a near term recovery, especially with beginning of forming positive divergence on the relative strength indicators, after reaching exaggerated oversold levels compared to the price action.

 

This comes amid the continuation of the positive support due to its trading above EMA50, which reinforces the stability and dominance of the main bullish trend on the short-term basis, with its trading alongside supportive trend line.