Trending: Oil | Gold | BITCOIN | EUR/USD | GBP/USD

USDCAD is Surrounded by Positive Pressure – Analysis –16-09-2026

Economies.com
2026-09-16 01:48 UTC

 

 

USDCAD extended its gains in its latest intraday trading, supported by its earlier breakout above a major short-term bearish trendline, while benefiting from positive support from trading above EMA50, which acts as dynamic support and reinforces the chances of extending these gains in the near term. This comes as positive signals begin to emerge from the relative strength indicators after offloading the overbought conditions, opening the way for targeting new resistance levels.

 

 

Was this useful?

Thanks for your feedback.

USDJPY Breaks Above Key Resistance – Analysis – 16-09-2026

Economies.com
2026-09-16 01:45 UTC

USDJPY continued to rise in its latest intraday trading, attempting to correct the main bearish trend, supported by positive signals emerging from the relative strength indicators, accompanied by breaching EMA50’s resistance, which has turned into dynamic support, reinforcing the chances of extending the corrective gains in the near term, particularly after breaching the key resistance of 155.20 level.

More

GBPUSD is Under Negative Pressure – Analysis – 16-09-2026

Economies.com
2026-09-16 01:41 UTC

GBPUSD declined during its latest intraday trading, breaking the key support of 1.3475, amid the continuation of the negative pressure that comes from its trading below EMA50, which acts as dynamic resistance that reinforces the dominance and stability of the bearish corrective trend on the short-term basis, especially with its trading alongside supportive trend line for this path.

More

Bitcoin (BTCUSD) Breaks Key Support – Analysis – 16-09-2026

Economies.com
2026-09-16 01:38 UTC

(BTCUSD) continues to post consecutive losses in its latest intraday trading, breaking $76,000 support level amid the dominance of the short-term bearish corrective trend. The price is also moving along a trendline supporting this path, while continued negative pressure from trading below EMA50, which acts as dynamic resistance, reducing the chances of a full recovery in the near term.

More