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USDCAD is Rising Due to the Stability of a Key Support – 13-07-2026

Economies.com
2026-07-13 02:26 UTC

 

 

USDCAD witnessed limited gains in its last intraday trading, due to the stability of the key support at 1.4145, gaining some bullish momentum amid the dominance of bearish corrective wave on the short-term basis, affected by breaking bullish trend line previously, with the continuation of the negative pressure due to its trading below EMA50, which reduces the chances of full recovery in the near upcoming period, especially with the relative strength indicators reaching severe overbought levels compared to the price action, as a clear signals for a quick lose for this momentum.

 

 

USDJPY Attempts to Surpass the Negative Pressure– Analysis – 13-07-2026

Economies.com
2026-07-13 01:45 UTC

 

 

USDJPY surged in its last intraday trading, taking advantage from the positive signals from the relative strength indicators after reaching oversold levels, amid the continuation of the main bullish trend dominance on the short-term basis, with its trading alongside minor support line that supports this trend and reinforces the stability of the buying momentum.

 

The price attempts to surpass the resistance of EMA50, which represents an important technical turn, as its success in surpassing this barrier could help it surpass the last negative pressure, and reinforce the chances of completing the recovery and targeting higher resistance levels in the near upcoming period.

 

 

GBPUSD is Looking For Higher Low – Analysis – 13-07-2026

Economies.com
2026-07-13 01:40 UTC

 

 

GBPUSD kept declining in its recent intraday trading, due to the stability of the key resistance at 1.3440, attempting to look for higher low to use it as a base that might help it to gain the required bullish momentum for its recovery, reaching bullish corrective trend line on the short-term basis, amid the continuation of the positive support due to its trading above EMA50, reinforcing the chances of a near term recovery, exaggeratedly compared to the price move, which suggest forming positive divergence.

 

 

Bitcoin Pulls Back After Facing Key Resistance – Analysis – 13-07-2026

Economies.com
2026-07-13 01:36 UTC

 

 

(BTCUSD) declined during its latest intraday trading after failing to breach the key resistance level at $64,400, which held firm and triggered a pullback, with the emergence of negative signals from the relative strength indicators, adding selling pressure on the near term.

 

Despite the decline, the price leans on a corrective bullish trend line, suggesting an attempt to regain positive momentum and retest the resistance level. Bitcoin also remains supported by EMA50, which continues to provide dynamic support. IF the price holds above current support levels, the chances of a renewed recovery and a breakout above resistance remain intact.