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The USDJPY reaches our target-Analysis-12-03-2026

Economies.com
2026-03-12 01:50AM UTC

(USDJPY) declined in its latest intraday trading after the key resistance level at 159.00 held firm. This resistance had previously represented a price target in our earlier analysis, to take profits from its previous gains and attempt to ease its clear overbought condition on the relative strength indicators, especially with the beginning of a negative crossover on the indicator.

 

This pullback may help the pair regain positive momentum that could support another attempt to break the mentioned resistance, particularly as the price continues to benefit from dynamic support by trading above EMA50, which reinforces the stability and dominance of the main short-term upward trend.

 

 

GBPUSD price fails to break a major downtrend line - Analysis- 12-03-2026

Economies.com
2026-03-12 01:46AM UTC

(GBPUSD) is stabilizing with a decline during its latest intraday trading, following its collision with the resistance of a major short-term descending trend line. The pair has settled again below the important support level of 1.3400, especially with the emergence of negative signals from the relative strength indicators, despite the indicator reaching heavily oversold levels.

 

Currently, the price is relying on the support of its EMA50, which has given it some positive momentum that helped temporarily halt the decline in losses.

 

 

 

Bitcoin (BTCUSD) attempts to gain positive momentum - Analysis-12-03-2026

Economies.com
2026-03-12 01:43AM UTC

Bitcoin (BTCUSD) declined during its latest intraday trading in a corrective move, through which the price is attempting to gain positive momentum that may help it regain recovery and return to an upward movement.

 

This decline comes despite the continued dynamic support from trading above EMA50 which enhances the chances of regaining upward momentum in the near term. With the emergence of positive signals from the relative strength indicators, the short-term corrective bullish wave remains dominant, with the price moving alongside a supportive trend line for this path.

 

 

 

 

Crude oil prices break our target level - Analysis- 12-03-2026

Economies.com
2026-03-12 01:39AM UTC

Crude oil surged strongly during its latest intraday trading, successfully breaking above the $90.00 resistance level, which had represented a price target in our previous analyses. This rise came supported by positive signals from the relative strength indicators, strengthening the buying momentum surrounding price movements.

 

The price also continues to benefit from dynamic support as it trades above its EMA50, which reinforces the strength and stability of the main short-term upward trend and supports the chances of further gains in the coming period.