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The USDCAD is attacking its current resistance -Analysis-01-08-2025

Economies.com
2025-08-01 04:01AM UTC
AI Summary
  • USDCAD price rose, attacking resistance at 1.3860, indicating strength of positive momentum
  • Analysis suggests gains may decelerate temporarily due to overbought levels on RSI
  • BestTradingSignal.com offers high-accuracy trading signals for various markets via Telegram subscriptions

The (USDCAD) price rose in its last trading on the intraday levels, attacking the current resistance at 1.3860, amid the dominance of the main bullish trend that indicates the strength of the positive momentum, supported by its continuous trading above EMA50, with the emergence of the positive signals on the (RSI), despite reaching overbought levels, which might decelerate the gains temporarily.

 

 

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The USDJPY gathers its gains -Analysis-01-08-2025

Economies.com
2025-08-01 04:01AM UTC

The (USDJPY) price settled with sharp gains in its last intraday trading, to decline slightly in a truce to catch its breath and gather the gains of its previous rises, at the same time offloading some of its clear overbought conditions on the (RSI), especially with the beginning of negative overlapping signals, amid the full dominance on the main bullish trend on the short-term basis and its trading alongside a supportive bias line for this trend.

 

 

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The GBPUSD attempts to offload its oversold conditions -Analysis-01-08-2025

Economies.com
2025-08-01 04:01AM UTC

The (GBPUSD) price rose slightly in its last intraday trading, attempting to recover some of its previous losses, and offloading some of its oversold conditions on the (RSI), especially with the emergence of the positive signals, amid the dominance of the main bearish trend on the short-term basis and its trading alongside main and minor bias lines, indicating the volume of the negative momentum and the strength of the dominance of this trend.

 

 

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Bitcoin (BTCUSD) breaks bullish trend line -Analysis-01-08-2025

Economies.com
2025-08-01 03:19AM UTC

The price of Bitcoin (BTCUSD) slipped lower in its last intraday trading, after breaking a minor bullish trend line on a short-term basis, accompanied by surpassing the support of its EMA50, which increased the negative pressure on the price and pushed it to record extra losses.

 

This decline came with the emergence of the negative signals on the (RSI) after reaching overbought levels, reinforcing the negative overview on the intraday basis unless positive signals appear to change this overview on the near-term basis.

 

 

 

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Frequently asked questions

What is the price of USD/CAD today?

The price of USD/CAD is $1.3791 (2025-08-01 23:05PM UTC)