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The USDCAD gets ready to attack its current resistance- Analysis-24-09-2025

Economies.com
2025-09-24 02:05AM UTC
AI Summary
  • USDCAD price rose in last intraday trading, preparing to attack resistance at 1.3850
  • Positive pressure due to trading above EMA50 and positive signals on relative strength indicators
  • BestTradingSignal.com offers high-accuracy trading signals for US stocks, crypto, forex, and VIP signals for various markets

The (USDCAD) price rose in its last intraday trading, preparing to attack the current resistance at 1.3850, amid the dominance of minor bullish wave on the short-term basis and its trading alongside trendline, with the continuation of the positive pressure due to its trading above EMA50, reinforcing the stability of this bullish track, with the emergence of the positive signals on the relative strength indicators, after offloading its overbought conditions, opening the way for achieving more of the gains on the near-term basis. 

 

 

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The USDJPY gets some support -Analysis-24-09-2025

Economies.com
2025-09-24 02:01AM UTC

The (USDJPY) rose in its last trading on the intraday levels, as it holding above the support of its EMA50, gaining bullish momentum that helped it to achieve these gains, especially with the emergence of the positive signals on the relative strength indicators, after reaching oversold levels, reinforcing the bullish momentum, amid the dominance of strong bullish sub-wave on the short-term basis.

 

 

 

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GBPUSD is witnessing fluctuated trading- Analysis-24-09-2025

Economies.com
2025-09-24 01:53AM UTC

The (GBPUSD) price witnessed tight sideways trading in yesterday’s trading, 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 bias line, with the emergence of the positive signals on the relative strength indicators, after offloading its overbought conditions, opening the way for achieving more of the upside moves on the near-term basis.

 

On the other hand, the negative pressure that comes from its trading below EMA50 remains valid, potentially hindering the price’s recovery attempts in the near term. 

 

 

 

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Bitcoin (BTCUSD) is rising, affected by significant support-Analysis-24-09-2025

Economies.com
2025-09-24 01:48AM UTC

The (BTCUSD) rose slightly in its last intraday trading, taking advantage of the stability of the key support level at $112,000, gained positive momentum and assisted it to record these limited gains, after its success in stopping sever losses wave in the beginning of this week.

 

The price remains under negative pressure that comes from its trading below EMA50, accompanied by forming negative divergence on the relative strength indicators, after reaching exaggerated overbought levels compared to the price movement, which reinforces the chances of the selling pressures returning on a near-term basis.

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