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NZDUSD reaches the resistance of its simple moving average-Analysis-06-01-2026

Economies.com
2026-01-06 02:49AM UTC

The (NZDUSD) price rose strongly in its last intraday trading, supported by the emergence of positive signals from the relative strength indicators, to notice reaching overbought levels, indicating a quick decline for the bullish momentum of he last trading, amid the dominance of bearish corrective wave on the short-term basis, to hit the resistance of EMA50, which might indicate the bullish trend on the intraday basis.

 

 

 

The AUDUSD price is getting ready to attack key resistance- Analysis-06-01-2026

Economies.com
2026-01-06 02:45AM UTC

The (AUDUSD) price settles with strong gains in its last intraday trading, preparing to attack the key resistance at 0.6725, representing potential target in our previous analysis, amid the continuation of the dynamic support that is represented by its trading above EMA50, which reinforces the strength and dominance of the main bullish trend on the short-term basis, especially with its trading alongside trend line, besides the emergence of the positive signals on the relative strength indicators.

 

 

The USDCAD price is declining after the stability of our expected target- Analysis-06-01-2026

Economies.com
2026-01-06 02:39AM UTC

 

The (USDCAD) price rose in tight range in its last intraday trading, with fluctuated moves after the stability of the key resistance at 1.3800, this resistance was a potential target in our previous analysis, to attempt to gain bullish momentum that might help it to recover and breach this resistance, offloading its overbought conditions on the relative strength indicators, to enter exaggerated oversold levels compared to the price move, to indicate fading the intraday negative pressure, amid the continuation of the dynamic support that is represented by its trading above EMA50, with the dominance of bullish corrective wave on the short-term basis.

 

 

The USDJPY is attempting to get rid of its negative pressure-Analysis-06-01-2026

Economies.com
2026-01-06 02:34AM UTC

The (USDJPY) witnessed fluctuated trading in its last intraday trading, amid the attempts of surpassing the negative pressure of EMA50, which led it to this fluctuation, amid the dominance of the main bullish trend on the short-term basis, with its trading alongside supportive minor trend line for this intraday track, besides forming positive divergence on the relative strength indicators, after reaching oversold levels, exaggeratedly compared to the price move, with the emergence of positive overlapping signals.