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) 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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The (GBPUSD) price rose sharply in its last intraday trading, due to the stability of the support level at 1.3440, testing a bullish correctional bias line on the short-term basis, gaining bullish momentum that supports this strong rise, that led it to get rid of the negative pressure of the EMA50, on the other hand, the (RSI) reached overbought levels, with the emergence of negative overlapping signals, which might reduce the upcoming gains of the pair.

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The price of Bitcoin (BTCUSD) settles low in its last intraday trading, after it failed to surpass the critical resistance level at $112,00, to remain under negative pressure due to its stability below EMA50, reinforcing the strength of the resistance and weakens the chances for the price recovery on a short-term basis.

The bearish trend remains the dominant with its trading alongside a bearish bias line, accompanied by the negative overlapping signals on the (RSI) after reaching overbought levels, confirming the possibility of the continuation of the selling pressures in the near period.

VIP Trading Signals Performance by BestTradingSignal.com (August 18–22, 2025)

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