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USDJPY Tests Our Target Resistance – Analysis – 18-06-2026
USDJPY surged higher in recent intraday trading, to challenge the key resistance at 160.70, which was a target in our previous outlook, supported by continued trading above the EMA50, providing strong dynamic support and reinforcing the prevailing short-term bullish trend.
Further strength comes from improving technical indicators, as relative strength indicators have started to form a bullish divergence after reaching deeply oversold levels. Emerging positive signals suggest that upside momentum may continue in the near term.
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GBPUSD Breaks Key Support Level – Analysis – 18-06-2026
GBPUSD rose slightly in recent intraday trading, attempting to recover part of its previous losses after breaking below the pivotal support level at 1.3320. However, the pair remains under negative pressure as it continues to trade below its EMA50, which acts as dynamic resistance and limits the chances of a sustained recovery.
MoreBitcoin Holds Its Uptrend Amid Improving Technical Signals – Analysis – 18-06-2026
Bitcoin (BTCUSD) posted modest gains in recent intraday trading, supported by its EMA50 and a short-term ascending corrective trendline. These technical factors provided a solid foundation that helped the price remain resilient and rebound higher.
MoreCrude Oil Loses Positive Momentum and Nears Fresh Losses – Analysis – 18-06-2026
Crude Oil remains under pressure in recent intraday trading, with the dominant short-term bearish trend continuing to weigh on price action and limiting the prospects for a sustained recovery.
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