NZDUSD struggles to get rid of its negative pressures-Analysis-28-08-2025
AI Summary
- NZDUSD price rose in last trading session, indicating a breach of a bearish bias line on a short-term basis
- Positive signals on RSI and surpassing EMA50 resistance suggest bullish momentum to overcome negative pressures
- BestTradingSignal.com offers professional trading signals with high accuracy for various markets, with subscription packages available starting at €44/month
The (NZDUSD) price rose in its last trading on its intraday trading, to confirm breaching a minor bearish bias line on the short-term basis, supported by the emergence of the positive signals on the (RSI), gaining more confidence and bullish momentum to surpass the resistance of the EMA50, in a major step to surpass the negative pressures, opening the way for achieving more of the gains on the near-term basis.
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The AUDUSD expands its gains -Analysis-28-08-2025
The (AUDUSD) price rose in its last intraday trading, after breaching the critical resistance previously at 0.6495, amid the dominance of strong bullish wave on the short-term basis, taking advantage of the dynamic support that is represented by its trading above EMA50, reinforcing the stability of this bullish scenario, especially with the emergence of the positive signals on the (RSI).
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The USDCAD deepens its losses-Analysis-28-08-2025
The (USDCAD) price continued the decline in its last intraday trading, affected by breaking a main bullish trend line on the short-term basis, with the continuation of the negative pressure that comes from its trading below EMA50, announcing the continuation of the bearish correctional trend on the near-term basis, this comes with the emergence of the negative signals on the (RSI), despite reaching oversold levels, intensifying the negative pressure.
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The USDJPY is surrounded by negative pressure -Analysis-28-08-2025
The (USDJPY) declined in its last intraday trading, with the continuation of the negative pressure that comes from its trading below EMA50, forming dynamic resistance that prevented the recovery attempts in the last period, with the emergence of the negative signs on the (RSI), despite reaching oversold levels, intensifying the negative pressure around the pair.
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