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The USDCAD gathers its positive strength -Analysis-18-08-2025

Economies.com
2025-08-18 04:23AM UTC
AI Summary
  • USDCAD price settled low in last trading, but positive momentum may help it recover
  • BestTradingSignal.com offers professional trading signals for US Stock, Crypto, Forex, and VIP signals
  • VIP signals performance report for August 11-15, 2025 available for review

The (USDCAD) price settled low in its last intraday trading, amid the emergence of the negative signals on the (RSI), after reaching overbought levels, in an attempt to gain positive momentum that might help it to recover and rise again, amid the dominance of the main bullish trend on the short-term basis and its trading alongside a minor supportive line for this track, with the continuation of the positive pressure that comes from its trading above EMA50, reinforcing the possibility for the price recovery.

 

 

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The USDJPY hits its simple moving average -Analysis-18-08-2025

Economies.com
2025-08-18 04:23AM UTC

The (USDJPY) price rose in its last trading in its intraday levels, supported by the emergence of the positive signals of the (RSI), reaching by the resistance of its EMA50, accompanied by testing a bearish correctional trend line on the short-term basis, intensifying the negative pressure that effects the upcoming trading, especially with the (RSI) reach overbought levels.

 

 

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The GBPUSD gets ready to attack key resistance -Analysis-18-08-2025

Economies.com
2025-08-18 04:23AM UTC

The (GBPUSD) price rose slightly in its last intraday trading, preparing to attack the key resistance level at 1.3585, amid the dominance of bullish correctional wave on the short-term basis, indicating the dominance of the buying powers on the trading, especially with the continuous positive support due to its trading above EMA50, on the other hand, we notice the emergence of the negative signals on the (RSI), after reaching overbought levels, which might decelerate the positive move of the price temporarily, due to its neediness to offload the overbought condition, opening the way for achieving more of the futuristic gains.

 

 

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Bitcoin (BTCUSD) opens this week with sharp losses -Analysis-18-08-2025

Economies.com
2025-08-18 03:36AM UTC

The price of Bitcoin (BTCUSD) slipped lower in its last intraday trading, affected by the continuation of the negative pressure that comes from its stability below EMA50, this decline accompanied by the emergence of bearish signals on the (RSI), after reaching overbought levels, increasing the possibilities of the bearish rebound.

 

The continuous pressure led to breaking a minor bullish trend line on the short-term basis, indicating the dominance of the sellers on the current technical scene, the continuation of these pressures might push the price to look for new support levels that make it settle in the near-term basis.

 

Therefore, we suggest a decline in (BTCUSD) price in the upcoming intraday trading, if the resistance settles at $118,500, especially when breaking $116,300 support, targeting the next support at $114,500.

 

The expected trading range is between $114,500 support and $118,500 resistance.

 

Today’s forecast: Bearish

 

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Frequently asked questions

What is the price of USD/CAD today?

The price of USD/CAD is $1.3804 (2025-08-18 21:45PM UTC)