The USDCAD is stable by the effect of critical support -Analysis-13-05-2025

The (AUDUSD) price settled on a decline in its recent intraday trading, affected by leaning on the critical support at 0.6355, providing some of the positive momentum to attempt to recover some of its previous losses, to offload its clear oversold conditions on the (RSI) indicators, especially with the emergence of the positive signals from them.

The (NZDUSD) price declined in its recent intraday trading, deepening its previous losses amid the dominance of the bearish correctional trend on the short-term basis and its trading alongside the bias line, with the emergence of the negative signals on the (RSI), despite reaching oversold levels.

The (USDCHF) price declined in its recent intraday trading, affected by the stability of the resistance level at 0.8445, representing 50%Fibonacci correction level for the last bearish wave on the short- term basis (from 0.8854 to 0.8039).