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The USDCAD declines, affected by its current resistance-Analysis-05-09-2025

Economies.com
2025-09-05 03:11AM UTC
AI Summary
  • The USDCAD price declined due to resistance at 1.3830, attempting to gain bullish momentum and offload overbought conditions on the RSI
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The (USDCAD) price declined in its last intraday trading, due to the stability of the resistance level at 1.3830, attempting to gain bullish momentum that might assisted it to breach this resistance, and attempting to offload its clear overbought conditions on the (RSI), especially with the emergence of the negative signals from there, amid the continuation of the positive support that comes from its trading above EMA50, and under the dominance of the main bullish trend on the short-term basis and its trading alongside supportive bias line for this track.

 

 

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The USDJPY is attempting to gain bullish momentum -Analysis-05-09-2025

Economies.com
2025-09-05 02:12AM UTC

The (USDJPY) declined in its last intraday trading, by the emergence of the negative signals on the (RSI), after reaching overbought levels, to attempt to offload this overbought conditions and gaining bullish momentum that might assisted it to recover and rise again, amid the continuation of the dynamic support that is represented by its trading above EMA50, besides the trading within minor bullish channel’s range on the short-term basis.

 

 

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The GBPUSD tests significant resistance -Analysis-05-09-2025

Economies.com
2025-09-05 02:08AM UTC

The (GBPUSD) price rose in its last intraday trading, supported by the emergence of the positive signals on the (RSI), retesting the critical resistance at 1.3460, which represents very important level that forms a key point in detecting the intraday track for the pair.

 

Despite this rise, the negative pressure remains valid due to the trading below EMA50, with the continuation of minor bearish wave dominance on the short-term basis, which makes the trading confined between the recovery attempts and the continuous selling pressures.

 

 

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Bitcoin (BTCUSD) reinforces its gains-Analysis-05-09-2025

Economies.com
2025-09-05 02:03AM UTC

The price of Bitcoin (BTCUSD) rose in its last intraday trading, showing a clear recovery strength after its rebound from the support of its EMA50, gaining bullish momentum that helped it to achieve clear gains, this recovery was supported by the positive signals on the (RSI), after reaching oversold levels.

 

This rebound is supported by forming positive divergence of the technical indicators, reinforcing the chances for the continuation of the bullish correctional wave on the short-term basis, there is a chance for expanding the gains if the price settles above the current support levels.

 

 

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