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The USDJPY is on a truce to catch its breath -Analysis-08-07-2025

Economies.com
2025-07-08 03:26AM UTC
AI Summary
  • USDJPY experienced a price decline in its last intraday trading session
  • The currency pair is attempting to gain a bullish momentum to rise again
  • USDJPY is working to offload its clear overbought conditions on the RSI, with strong minor bullish wave on a short-term basis

The (USDJPY) price decline in its last intraday trading, to gather the gains of its previous rise, and attempts to gain a bullish momentum that might assist it to rise again, attempting at the same time to offload its clear overbought conditions on the (RSI), after the emergence of the negative signals from them, amid the dominance of strong minor bullish wave on the short-term basis, with the continuation of the positive support that comes from its trading above EMA50.

 

 

The GBPUSD rises affected by a key support -Analysis-08-07-2025

Economies.com
2025-07-08 03:26AM UTC

The (GBPUSD) price rose in its last intraday trading, after reaching our suggested target at q.3590 support, gaining positive momentum that affected its stability, especially with the emergence of the positive signals on the (RSI), after reaching oversold levels.

 

This comes amid the dominance of bearish correctional wave on the short-term basis, with the continuation of the negative pressure that comes from the pair’s trading below EMA50, forming a dynamic resistance that prevents the pair’s recovery.

 

 

Bitcoin (BTCUSD) is under negative pressure -Analysis-08-07-2025

Economies.com
2025-07-08 03:05AM UTC

The price of Bitcoin (BTCUSD) declined in its recent intraday trading, affected by breaking a bullish trend line on a short-term basis, representing negative signal that indicates losing the momentum of the last rise, accompanied by the continuation of the negative signals emerging on the (RSI), despite reaching oversold levels, indicating the dominance of the negative momentum on the price.

 

This decline came after breaking the support of EMA50, which increases the negative pressures and opens the way towards more of the downside movements on the near -term basis, unless it succeeded to regain this support or formed a new rising low that provides a chance to return the balance and rise again.

 

 

Crude oil is gathering its positive strength -Analysis-08-07-2025

Economies.com
2025-07-08 03:04AM UTC

The (crude oil) declined slightly in its last intraday trading, to gather the gains of its previous rises, attempting at the same time to gain positive momentum that might assist it to rise again, noticing the beginning of negative overlapping signals appearance of the (RSI), after reaching overbought levels, to attempt to offload some of these conditions.

 

This comes amid the continuation of the price’s stability above the significant support ay $66.00, with its trading above EMA50, which represents a dynamic support that keeps the stability of the positive scenario.

 

 

 

Frequently asked questions

What is the price of USD/JPY today?

The price of USD/JPY is $146.32 (2025-07-08 10:15AM UTC)