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The USDCAD prices retest key resistance- Analysis-12-02-2026

Economies.com
2026-02-12 02:55AM UTC

The (USDCAD) price settles on a rise in its last intraday trading, retesting 1.3585 resistance, amid the dominance of the main bearish trend on short-term basis, with its trading alongside supportive trend line for this path, with the continuation of the negative pressure due to its trading below EMA50, reducing the chances of full recovery on near-term basis, especially with the emergence of negative overlapping signals from relative strength indicators, after reaching exaggerated overbought levels compared to the price move.

 

 

The USDJPY resumes its losses-Analysis-12-02-2026

Economies.com
2026-02-12 02:51AM UTC

The (USDJPY) declined in its last intraday trading, amid the dominance of the main bearish trend on short-term basis, with the continuation of the negative pressure due to its trading below EMA50, besides the emergence of negative signals from relative strength indicators, after offloading some of its oversold conditions, opening the way for recording more losses on near period.

 

 

GBPUSD price is holding onto support while negative pressures surround it - Analysis- 12-02-2026

Economies.com
2026-02-12 02:47AM UTC

GBPUSD settles on a decline in its last intraday trading, with the stability of the key support at 1.3625, providing bullish momentum that helped it to settle temporarily and prevented expanding its loose.

 

The price remains under clear negative pressure due to its trading below EMA50, accompanied by the negative signals from relative strength from relative strength indicators, besides the effect of breaking minor bullish trend line on short-term basis, keeping the possibilities of the negativity continuation valid in the near period.

 

Therefore, we suggest a decline in GBPUSD price in its upcoming intraday trading, especially when breaking 1.3625 support, to target the next support at 1.3530.

 

The expected trading range is between 1.3565 support and 1.3695 resistance.

 

Today’s forecast: Bearish

Bitcoin (BTCUSD) is rising slightly amid the continuation of the negative pressures- Analysis-12-02-2026

Economies.com
2026-02-12 02:41AM UTC

Bitcoin’s price recorded limited rise in its last intraday trading, attempting to recover some of the recent losses, accompanied by its attempt to offload the oversold conditions on relative strength indicators, especially with the emergence of positive signals from there, providing some support for its current moves.

 

On the other hand, the main trend remains bearish on short-term basis, with the continuation of its move alongside minor trend line that reinforces the path, besides the negative pressure due to its trading below EMA50, which keeps the likelihoods of suffering negative pressures valid in near period.

 

Therefore, we suggest a decline in BTCUSD in its upcoming intraday trading, especially if it breaks $67,000 support to target its next support at $64,000.

 

Expected trading range is bewteen$64,000 support and $70,000 resistance.

 

Today’s forecast: Bearish