USDJPY gets ready to attack critical resistance -Analysis-23-05-2025

The (GBPUSD) price rose in its last intraday trading, preparing to attack the stubborn critical resistance level at 1.3440, amid 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 its EMA50, besides the emergence of the positive signals on the (RSI), after reaching oversold levels.

The (Crude oil) price declined in its last intraday trading, affected by surpassing a bullish correctional channel that was supporting its previous moves on a short-term basis, which increased the selling pressure on the price.

The (gold) price rose slightly in its last intraday trading, taking advantage of its stability alongside a minor bullish bias line on the short-term basis, amid the continuation of its moves above its EMA50, keeping the positive momentum valid on the near term basis.