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Trending: Oil | Gold | BITCOIN | EUR/USD | GBP/USD
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The USDCAD attacks critical resistance -Analysis-23-06-2025

Economies.com
2025-06-23 03:57AM UTC

The (USDCAD) price jumped higher in its last intraday trading, amid the dominance of bullish correctional wave on the short-term basis and its trading alongside a bias line, with the continuation of the positive pressure that comes from its trading above its EMA50, attacking the critical resistance a t1.3760, the emergence of the positive signals on the (RSI) increases the positive pressure despite reaching overbought levels.

 

 

The USDJPY expands its gains -Analysis-23-06-2025

Economies.com
2025-06-23 03:57AM UTC

The (USDJPY) price continued the rise in its last intraday trading, to breach the key resistance at 146.00, amid its trading alongside a minor correctional bullish bias line on the short-term basis, supported by its continuous trading above its EMA50, besides the emergence of the positive signals on the overbought levels, which might form a temporary threshold against the quick rise of the pair, due to its neediness to offload some of these overbought conditions.

 

 

 

The GBPUSD continues the decline -Analysis-23-06-2025

Economies.com
2025-06-23 03:57AM UTC

 

The (GBPUSD) price kept declining in its last intraday trading, after reaching the resistance of its EMA50 previously, which forced it to surrender to the surrounded negative pressures, first: its affection by breaking a bullish trend line on the short-term basis, with the emergence of the negative signals on the (RSI), to break the current support of 1.3440, which represents 382% Fibonacci correction level for the last bullish wave from (1.3138 to 1.3632), and that puts it under negative pressures.

 

 

Bitcoin (BTCUSD) attempts to recover some of its gains -Analysis-23-06-2025

Economies.com
2025-06-23 03:25AM UTC

The price of Bitcoin (BTCUSD) rose in its recent intraday trading, attempting to recover some of its previous losses, taking advantage of the technical momentum that comes from the beginning of positive overlapping signals on the (RSI), after reaching exaggerated oversold levels, indicating the price attempts to offload this condition on a short-term basis.

 

Despite this limited technical improvement, the bearish correctional trend remains the dominant on the price move with its trading alongside a minor bias line, and the continuation of the negative pressure that came from its stability below EMA50, keeping the possibilities for facing new bearish waves unless they reach this average and hold above it.

 

 

 

Frequently asked questions

What is the price of USD/CAD today?

The price of USD/CAD is $1.3596 (2025-07-02 19:45PM UTC)
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