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The USDCAD retests a critical resistance -Analysis-13-06-2025

Economies.com
2025-06-13 03:25AM UTC

The (USDCAD) price settles high in its last intraday trading, supported by the emergence of the positive signals on the (RSI), after reaching oversold levels, and the price is attempting to offload some of this oversold conditions and recovering some of its previous losses, to retest the critical resistance at 1.3630, amid the continuation of the negative pressure that comes from its trading below its EMA50, and under the dominance of the main bearish trend on the short-term basis and its trading alongside a bias line.

 

 

 

The USDJPY exhausted its positive chances -Analysis-13-06-2025

Economies.com
2025-06-13 03:25AM UTC

The (USDJPY) price settled with a decline in its last intraday trading, amid the continuation of the negative pressure that comes from its trading below its EMA50, reaching to test the main bullish trend on the short-term basis, in last attempt to gain the required positive momentum to recover and rise again, especially with the emergence of the positive signals on the (RSI), after reaching exaggerated oversold levels compared by the price move.

 

 

 

The GBPUSD declines affected by a critical resistance -Analysis-13-06-2025

Economies.com
2025-06-13 03:13AM UTC

The (GBPUSD) price declined sharply in its last intraday trading, after its failure to breach the critical resistance level at 1.3600, attempting to gain the required bullish momentum for breaching this resistance, and it attempts to offload some of its clear overbought conditions on the (RSI) indicators, especially with the emergence of the negative signals on them. The pair is approaching from leaning on the support of its EMA50, which represents positive support in the last period.

 

 

 

Bitcoin (BTCUSD) is experiencing a free fall -Analysis-13-06-2025

Economies.com
2025-06-13 03:05AM UTC

The price of Bitcoin (BTCUSD) suffers sharp losses in its recent intraday trading, affected by breaking a negative technical pattern (the rising wedge pattern), which suggest a rebound for the downside on the short-term basis, surpassing the support of its EMA50, increasing the negative pressure on its upcoming move. 

 

This decline came after a failed attempt to offload the oversold condition that appeared clearly on the (RSI) indicators, indicating the weakness of the bullish momentum and the buyers failure to keep the bullish trend, reinforcing the possibilities for the continuation of the bearish correction in the intraday moves.

 

 

 

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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