The USDJPY is in a truce to catch breath -Analysis-16-07-2025
AI Summary
- USDJPY price has seen a strong rise in intraday trading after breaking through the critical resistance of 148.00
- Positive pressure is expected to continue as the pair trades above EMA50, but negative signals on the RSI could slow down future gains
- The main bullish trend on a short-term basis is dominant, indicating potential for further upward movement
The (USDJPY) price settles with a strong rise in its last intraday trading, after breaching the critical resistance of 148.00, supported by the dominance of the main bullish trend on the short-term basis and its trading alongside a bias line, with the continuation of the positive pressure due to its trading above EMA50, on the other hand, we notice the appearance of negative overlapping signals on the (RSI), after reaching overbought levels, which might decelerate the upcoming gains of the pair.
The GBPUSD is attempting to recover some of its losses -Analysis-16-07-2025
The (GBPUSD) price rose in its last trading, attempting to recover some of its previous losses, and offloading some of its clear oversold conditions on the (RSI), especially with the beginning of positive overlapping signals.
This rise comes amid the continuation of the negative pressure that comes from its trading below EMA50, the trading alongside bearish correctional trend line intensifies the negative pressure on the short-term basis and indicates the dominance of the selling powers on the pair.
Bitcoin (BTCUSD) is attempting to recover -Analysis-16-07-2025
The price of Bitcoin (BTCUSD) recorded a rise in its last intraday trading, supported by the continuation of its trading above EMA50, providing dynamic support for the price, this rise comes amid the dominance of the main bullish trend on the short-term basis, with the stability of the price alongside a bullish bias line.
At the same time, the positive signals from (RSI) reinforce the possibilities for the recovery continuation, especially after the (RSI) reach to oversold levels, indicating a gradual regain for the bullish momentum and opens the way for more upside moves in the upcoming trading.
Crude oil prices attempt to offload some of its losses -Analysis-16-07-2025
The (crude oil) recorded a slight rise in its last intraday trading, attempting to recover some of its previous losses, supported by positive signals that appear on the (RSI), after it succeeded in offloading the oversold conditions that had reached exaggerated levels previously.
Despite this rise, the price remains under clear technical pressure due to its trading below EMA50, besides its negative affection by breaking the main bullish trend on the short-term basis, making any bullish move face fluctuation unless there are strong motivators that support its continuation.