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The USDCAD breaches main bearish trend line -Analysis-11-07-2025

Economies.com
2025-07-11 03:32AM UTC
AI Summary
  • USDCAD price rose in last intraday trading, trading above EMA50 and showing bullish signals on RSI
  • Breached main bearish trend line on short-term basis, indicating momentum for correctional rise

 

The (USDCAD) price rose in its last intraday trading, taking advantage of the positive pressure due to its continuous trading above EMA50, with the emergence of the bullish signals on the (RSI), reinforcing the positive momentum, breaching the main bearish trend line on the short-term basis, indicating its momentum to resume the correctional rise.

 

 

 

The USDJPY is attacking its current resistance -Analysis-11-07-2025

Economies.com
2025-07-11 03:32AM UTC

The (USDJPY) price rose in the last intraday levels, amid the dominance of the bullish correctional trend on the short-term basis and its trading alongside a bias line, taking advantage of the dynamic support that is represented by its trading above EMA50, reaching the key resistance at 147.00, supported by the emergence of the positive signals on the (RSI), despite reaching overbought levels.

The GBPUSD is under negative pressure -Analysis-11-07-2025

Economies.com
2025-07-11 03:32AM UTC

The (GBPUSD) price declined in its last intraday trading, affected by the dominance of bearish correctional wave on the short-term basis, amid the weakness of the bullish momentum and the continuation of the technical pressures on the price.

 

This decline is supported by the continuation of the trading below EMA50, besides the emergence of the negative signals on the (RSI), indicating the markets prefer more bearish moves on the near-term basis, unless strong support emerges to change this trend.

Bitcoin (BTCUSD) records new historical levels -Analysis-11-07-2025

Economies.com
2025-07-11 03:04AM UTC

 

The price of Bitcoin (BTCUSD) soars high strongly in the last intraday trading, recording new historical level, amid the dominance of the bullish trend on the short-term basis and its trading alongside a bias line, the price keeps getting positive support by its stability above EMA50, reinforcing the continuous bullish momentum.

 

Despite reaching clear overbought levels by the (RSI), it remains sending positive signals, indicating the strength of the current bullish strength. This activation between the strong momentum and the technical indicators supports the possibilities for the continuation of the rise, with potential technical corrections later due to the overbought conditions.

 

 

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What is the price of USD/CAD today?

The price of USD/CAD is $1.3691 (2025-07-11 22:05PM UTC)