USDCAD Remains Under the Control of a Bearish Corrective Trend – Analysis –30-10-2026

The USDJPY pair declined in its latest intraday trading, breaking below the important support level of 157.50 and moving below EMA50’s support. This exposes the pair to further negative pressure and reinforces the likelihood of continued declines in the near term.

The GBPUSD pair maintained a series of sharp and consecutive gains in its latest intraday trading, reaching the key resistance level of 1.3405 and preparing to challenge it. This comes amid continued positive pressure from trading above EMA50, which provides the pair with a dynamic support base, reinforcing the dominance and stability of the short-term bullish corrective trend. The pair is also moving alongside a trend line supporting this path.

Bitcoin (BTCUSD) witnessed a series of sharp and consecutive losses in its latest intraday trading, breaking below the $78,000 support level, which was a price target in our earlier analysis. This comes amid continued negative pressure from trading below EMA50, reinforcing the dominance and stability of the short-term bearish trend. This is particularly evident as negative signals continue to emerge from the relative strength indicators, after the price managed to offload some of its oversold conditions, leaving room for further losses in the near term.