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USDJPY price rises affected by a key support – Analysis – 15-04-2025
The USDJPY price rose during its recent intraday trading, supported by the stability of the key support level at 142.25, providing temporary bullish momentum, especially with the emergence of positive signals from the Relative Strength Index (RSI), supporting the pair’s attempts to recover some of its previous losses.
Despite this rise, the overall trend remains bearish on the short-term basis, with the pair still trading along a minor bearish trend line, besides the continuation of the negative pressure as it remains below the EMA50.
The USDCAD shows more signs of weakness – Analysis – 15-04-2025
The USDCAD pair witnessed a slight rise in its latest intraday trading, supported by the stability of the 1.3860 support level, which provided some positive momentum that allowed the pair to recover some of its previous losses.
MoreAUDUSD is surrounded by Positive Pressures – Daily Forecast – 2025-04-15
The AUDUSD pair has risen in its latest intraday trading, supported by a strong bullish wave on a short-term basis. This upside movement is also driven by the pair’s continued trading above the EMA50. noticing positive signals on the Relative Strength Index (RSI), after the pair successfully relieved previous overbought conditions.
MoreThe NZDUSD soars high– Analysis – 15-04-2025
The NZDUSD pair rose in its latest intraday trading, after it succeeded in breaching the key resistance level at 0.5830 yesterday and stabilized above it. This movement comes amid a dominant bullish trend characterized by a big rising angle, indicating its strength. The pair’s recent rise follows a slight correction from overbought levels on the Relative Strength Index (RSI), to witness the beginning of a positive overlapping signal that supports the bullish scenario for the pair.
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