GBPUSD attempts to gain positive momentum -Analysis-30-04-2025
The (GBPUSD) price witnessed calm downside moves in its last trading on the intraday levels, affected by the stability of the critical resistance at 1.3420, and the main overview remains prefer the positivity, especially with the stability of the price above EMA50, which reinforces the chances for a bullish rebound any moment, to attempt to gain positive momentum that might assist it to breach this resistance.
The continuation of the trading alongside a bullish bias line on the short-term basis, besides the emergence of the positive signals on the (RSI), suggesting a potential regain for the positive momentum, which increases the possibilities from breaching the mentioned resistance.
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USDJPY succeeded in offloading its oversold conditions -Analysis-30-04-2025
The (USDJPY) price settled on sideways fluctuated range in its last trading on the intraday levels, after leaning on the support of EMA50, providing some of the positive momentum, which makes the price succeed to offload the oversold conditions that appear on the (RSI), and the negative signals begin to emerge, which shows the continuation of the negative pressures on the price, amid the domination of the main bearish trend on the short-term basis and trading alongside trendline.
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USDCAD amid negative expectations -Analysis-30-04-2025
The (USDCAD) price declined in its last trading on the intraday levels, trading within a minor bearish channel on a short -term basis, suffering from the negative pressure due to its continuous trading below its EMA50, besides the continuation of the negative signals on the (RSI), despite reaching oversold levels.
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AUDUSD begins to recover -Analysis-30-04-2025
The (AUDUSD) price rose strongly in its last intraday trading, keeping its stability above the critical resistance 0.6390, in a major step to confirm breaching it and easing the way for more of the upside movement, especially that the price is affected by leaning on the support of EMA50, which provides signs for renewing the positive momentum by the appearance of positive overlapping signals on the (RSI).
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