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USDJPY Breaks Above Key Resistance – Analysis – 16-09-2026
USDJPY continued to rise in its latest intraday trading, attempting to correct the main bearish trend, supported by positive signals emerging from the relative strength indicators, accompanied by breaching EMA50’s resistance, which has turned into dynamic support, reinforcing the chances of extending the corrective gains in the near term, particularly after breaching the key resistance of 155.20 level.
This breakout reflects a notable improvement in positive momentum, while the price continues to trade above the moving average, supporting the continuation of the current bullish corrective wave, despite the dominance of the main bearish trend over the longer term.
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GBPUSD is Under Negative Pressure – Analysis – 16-09-2026
GBPUSD declined during its latest intraday trading, breaking the key support of 1.3475, amid the continuation of the negative pressure that comes from its trading below EMA50, which acts as dynamic resistance that reinforces the dominance and stability of the bearish corrective trend on the short-term basis, especially with its trading alongside supportive trend line for this path.
MoreBitcoin (BTCUSD) Breaks Key Support – Analysis – 16-09-2026
(BTCUSD) continues to post consecutive losses in its latest intraday trading, breaking $76,000 support level amid the dominance of the short-term bearish corrective trend. The price is also moving along a trendline supporting this path, while continued negative pressure from trading below EMA50, which acts as dynamic resistance, reducing the chances of a full recovery in the near term.
MoreCrude Oil Price Takes a Breather – Analysis – 16-09-2026
Crude oil edged lower in its latest intraday trading, taking some profits off its previous gains while also attempting to alleviate some of the clear overbought conditions in the relative strength indicators, particularly as they begin to show a bearish crossover. This allows the price to gather fresh positive momentum that could help it recover and resume its advance, amid attempts to breach the key $101.00 resistance level, while positive support continues from trading above EMA50.
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