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The USDJPY pulls back under strong resistance -Analysis-31-03-2026

Economies.com
2026-03-31 02:25AM UTC

The USDJPY pair declined during recent intraday trading, affected by the stability of the key resistance level at 159.80. The pair is attempting to build positive momentum that could help it break above this resistance. Despite this pullback, dynamic support remains in place as the pair continues to trade above EMA50, reinforcing the stability and dominance of the main short-term bullish trend, with trading alongside a trend line supporting this bullish path. In the background, positive signals emerge from the relative strength indicators after previously reaching oversold levels.

 

 

GBPUSD price reaches our target - Analysis- 31-03-2026

Economies.com
2026-03-31 02:21AM UTC

The GBPUSD pair rose during recent intraday trading, supported by the firmness of the 1.3160 level, which had previously been identified as a price target in our earlier analysis. This support provided positive momentum, helping the pair recover part of its prior losses. At the same time, the pair is attempting to ease its oversold conditions on the relative strength indicators, with early positive signals beginning to appear.

 

Despite this rebound, the broader technical outlook remains under pressure. The main short-term downtrend is still dominant, with continued negative pressure as the pair trades below EMA50, limiting the chances of a full recovery in the near term.

 

 

Bitcoin (BTCUSD) shows cautious strong gains - Analysis-31-03-2026

Economies.com
2026-03-31 02:10AM UTC

Bitcoin (BTCUSD) is holding strong gains during recent intraday trading, attempting to build renewed positive momentum after successfully easing its overbought conditions on the relative strength indicators, which is now showing a clear positive crossover, helping the price achieve and maintain its recent gains.

 

Despite this, the technical outlook still carries notable downside pressure. The price continues to trade below EMA50, which exerts negative pressure, alongside the dominance of a short-term corrective downtrend with movements aligned along a supporting trendline for this bearish structure. This makes the current gains vulnerable unless the price can overcome nearby resistance levels.

 

 

Crude oil price takes a breather - Analysis- 31-03-2026

Economies.com
2026-03-31 02:03AM UTC

Crude oil slipped during recent intraday trading, as the price undergoes a natural corrective move to take profits from previous gains. At the same time, it is attempting to ease its accumulated overbought conditions on the relative strength indicators, which has started to show clear negative signals, suggesting the market is pausing to regain momentum before a potential new bullish move.

 

Despite this pullback, the technical outlook remains supportive of the bullish trend. The price continues to trade above EMA50, which acts as dynamic support and reinforces the dominance of the main short-term bullish trend, providing an opportunity to recover and rise again.