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USDCAD is Surrounded by Positive Pressure – Analysis – 15-05-2026
The USDCAD moved higher during recent intraday trading after breaching the key resistance level at 1.3700. The pair remains under the control of a short-term corrective bullish trend, trading along a supportive trend line while continuing to receive positive dynamic support from trading above its EMA50.
This strengthens the chances of extending gains in the near term, especially with continued positive signals from relative strength indicators despite reaching overbought levels.
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USDJPY Extends Its Gains – Analysis – 15-05-2026
The (USDJPY) continued to rise during recent intraday trading after breaching the key resistance level at 157.90. The pair remains supported by trading along a short-term corrective bullish trend line, while continued movement above EMA50 maintains positive pressure and strengthens the chances of extending gains in the near term.
MoreGBPUSD Deepens Its Losses – Analysis – 15-05-2026
The GBPUSD continued its sharp decline during recent intraday trading, breaking below the 1.3400 support level, which had previously been identified as our second downside target. The pair remains under pressure after breaking a major short-term upward trend line, while continued trading below EMA50 adds further negative pressure.
MoreBitcoin Price Prepares to Challenge Key Resistance – Analysis – 15-05-2026
Bitcoin price (BTCUSD) edged slightly lower during recent intraday trading in what appears to be a limited correction aimed at gaining fresh positive momentum that could help the cryptocurrency break above the key and stubborn resistance level at $82,000. The price continues to receive solid support from trading above its EMA50, reinforcing the stability of the main short-term bullish trend.
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