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The USDCAD price keeps declining- Analysis-03-12-2025

Economies.com
2025-12-03 02:42AM UTC

The (USDCAD) price continued its decline in its last intraday trading, amid the dominance of bearish corrective wave on the short-term basis with its trading alongside steep bearish trend line that indicates the volume of bearish momentum, especially with its trading below EMA50, besides the emergence of the negative signals on the relative strength indicators, despite reaching oversold levels.

 

 

The USDJPY surrenders to the negative pressures-Analysis-03-12-2025

Economies.com
2025-12-03 02:13AM UTC

The (USDJPY) declined in its last intraday trading, after testing the top pf bearish corrective channel that limits its previous trading on the short-term basis, which put it under negative pressure especially with the beginning of forming negative divergence on the relative strength indicators, after reaching overbought levels, exaggeratedly compared to the price move, with the emergence of negative signals from there, this comes amid the continuation of the negative pressure that comes from its trading below EMA50, reducing the chances of the price recovery on the near-term basis.

 

 

 

GBPUSD price is experiencing sideways fluctuating trading- Analysis-03-12-2025

Economies.com
2025-12-03 02:10AM UTC

GBPUSD rose its last intraday trading, taking advantage of its lean on EMA50, accompanied by leaning on bullish corrective trend line on the short-term basis, which led to gain new bullish momentum that helped it to recover and rise again, after testing 1.3195 key support, besides the emergence of positive signals on the relative strength indicators, supporting the scenario of reinforcing the gains in the upcoming period.

 

 

(BTCUSD) breaches main bearish trend line- Analysis-03-12-2025

Economies.com
2025-12-03 02:06AM UTC

Bitcoin settled on strong gains in its last intraday trading, taking advantage of the bullish momentum that comes from its trading above EMA50, breaching a main bearish trend line on the short-term basis, supporting the extension of the bullish corrective wave and opens the way for extra attempts to target more resistance levels.

 

The relative strength indicators reach overbought levels, which might limit the price ability to achieve new gains unless it surpasses its near critical resistance, the continuation of the bullish momentum depends on the availability of extra buying power that is able to breach these levels and cancel any potential corrective pressures.