USDCAD gathers its positive strength -Analysis-24-04-2025
The USDCAD declined slightly in its recent intraday trading, in attempt to gain positive momentum that might support the correctional rise, amid its affection by the formed positive technical formation on the short- term basis (the falling wedge pattern), supported by its trading above EMA50, besides the emergence of the positive signals on the (RSI), despite reaching the overbought levels.
Do you need help in trading decisions? Do you want to learn how to start trading?
Join Economies.com VIP Club and benefit from over 15 years of market analysis expertise and get:
- Full coverage of commodities such as gold, oil, silver, and more
- Full coverage of all major forex currency pairs
- Full coverage of key global indices and stocks
- Full coverage of major cryptocurrencies and meme coins
- Accurate analysis and daily updated price forecasts
- Exclusive and breaking news
- Reliable trading ranges for effective risk management
- Comprehensive educational materials, competitions and prizes!
- Innovative tools to enhance your trading performance
Special Offer: Subscribe to the Economies.com VIP channel and get also a free subscription to a trusted trading signals channel provided by Best Trading Signal.
AUDUSD suffers negative pressures -Analysis-24-04-2025
The AUDUSD price declined in its last intraday trading, affected by the stability of the critical resistance at 0.6390 level, which forms a barrier against the rise attempts, which makes the price decline surpassing the support of the EMA50, increasing the negative pressure on its moves.
This decline came amid the emergence of the negative signals on the (RSI), reinforcing the formation of negative technical formation, which is the double top pattern, approaching from the neckline of the technical pattern at 0.6350 support level.
Do you need help in trading decisions? Do you want to learn how to start trading?
Join Economies.com VIP Club and benefit from over 15 years of market analysis expertise and get:
- Full coverage of commodities such as gold, oil, silver, and more
- Full coverage of all major forex currency pairs
- Full coverage of key global indices and stocks
- Full coverage of major cryptocurrencies and meme coins
- Accurate analysis and daily updated price forecasts
- Exclusive and breaking news
- Reliable trading ranges for effective risk management
- Comprehensive educational materials, competitions and prizes!
- Innovative tools to enhance your trading performance
Special Offer: Subscribe to the Economies.com VIP channel and get also a free subscription to a trusted trading signals channel provided by Best Trading Signal.
NZDUSD is running out of its positive chances -Analysis-24-04-2025
The NZDUSD settled bearishly in its last intraday trading, and there are negative signals come from the (RSI), which makes the price look for a rising low to take it as a base that might assist it to gain the required positive momentum for its recovery, amid the dominance of the main bullish trend on the short term basis, to reach in its last decline to lean on the support of EMA50.
Do you need help in trading decisions? Do you want to learn how to start trading?
Join Economies.com VIP Club and benefit from over 15 years of market analysis expertise and get:
- Full coverage of commodities such as gold, oil, silver, and more
- Full coverage of all major forex currency pairs
- Full coverage of key global indices and stocks
- Full coverage of major cryptocurrencies and meme coins
- Accurate analysis and daily updated price forecasts
- Exclusive and breaking news
- Reliable trading ranges for effective risk management
- Comprehensive educational materials, competitions and prizes!
- Innovative tools to enhance your trading performance
Special Offer: Subscribe to the Economies.com VIP channel and get also a free subscription to a trusted trading signals channel provided by Best Trading Signal.
USDCHF catches its breath -Analysis-24-04-2025
The USDCHF recorded a slight rise in its last intraday trading, to gather the gains of its last rises, attempting to offload its clear overbought conditions on the (RSI), especially with the emergence of negative overlapping signals, which makes the price gather its positive strength that might help it to recover and rise again.
This comes amid the price affection by breaching a minor bearish bias on the short- term basis, supported by its continuous trading above the EMA50.
Do you need help in trading decisions? Do you want to learn how to start trading?
Join Economies.com VIP Club and benefit from over 15 years of market analysis expertise and get:
- Full coverage of commodities such as gold, oil, silver, and more
- Full coverage of all major forex currency pairs
- Full coverage of key global indices and stocks
- Full coverage of major cryptocurrencies and meme coins
- Accurate analysis and daily updated price forecasts
- Exclusive and breaking news
- Reliable trading ranges for effective risk management
- Comprehensive educational materials, competitions and prizes!
- Innovative tools to enhance your trading performance
Special Offer: Subscribe to the Economies.com VIP channel and get also a free subscription to a trusted trading signals channel provided by Best Trading Signal.