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The USDCAD is rising alongside a bullish correctional trend line -Analysis-16-07-2025

Economies.com
2025-07-16 05:54AM UTC
AI Summary
  • USDCAD price is rising with a bullish correctional trend line on a short-term basis
  • Trading alongside a bias line supporting the trend stability, with dynamic support above EMA50
  • Negative signals on the RSI are emerging, potentially impacting the pair's gains

The (USDCAD) price rose in its last intraday trading, amid the dominance of bullish correctional wave on the short-term basis, and its trading alongside a bias line that supports the stability of this trend, taking advantage of the dynamic support that is represented by its trading above EMA50, on the other hand, we notice the emergence of the negative signals on the (RSI), which decorated the last gains of the pair.

 

 

The USDJPY is in a truce to catch breath -Analysis-16-07-2025

Economies.com
2025-07-16 05:54AM UTC

The (USDJPY) price settles with a strong rise in its last intraday trading, after breaching the critical resistance of 148.00, supported by the dominance of the main bullish trend on the short-term basis and its trading alongside a bias line, with the continuation of the positive pressure due to its trading above EMA50, on the other hand, we notice the appearance of negative overlapping signals on the (RSI), after reaching overbought levels, which might decelerate the upcoming gains of the pair.

 

 

 

The GBPUSD is attempting to recover some of its losses -Analysis-16-07-2025

Economies.com
2025-07-16 05:54AM UTC

The (GBPUSD) price rose in its last trading, attempting to recover some of its previous losses, and offloading some of its clear oversold conditions on the (RSI), especially with the beginning of positive overlapping signals.

 

This rise comes amid the continuation of the negative pressure that comes from its trading below EMA50, the trading alongside bearish correctional trend line intensifies the negative pressure on the short-term basis and indicates the dominance of the selling powers on the pair.

 

 

 

Bitcoin (BTCUSD) is attempting to recover -Analysis-16-07-2025

Economies.com
2025-07-16 05:28AM UTC

The price of Bitcoin (BTCUSD) recorded a rise in its last intraday trading, supported by the continuation of its trading above EMA50, providing dynamic support for the price, this rise comes amid the dominance of the main bullish trend on the short-term basis, with the stability of the price alongside a bullish bias line.

 

At the same time, the positive signals from (RSI) reinforce the possibilities for the recovery continuation, especially after the (RSI) reach to oversold levels, indicating a gradual regain for the bullish momentum and opens the way for more upside moves in the upcoming trading.

 

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What is the price of USD/CAD today?

The price of USD/CAD is $1.3713 (2025-07-17 05:35AM UTC)