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The AUDUSD price is getting ready to breach key resistance- Analysis-05-12-2025

Economies.com
2025-12-05 02:41AM UTC

The (AUDUSD) price rose in its last intraday trading, amid the continuation of its attempts to breach the key resistance of 0.6615, supported by its continued trading above EMA50, amid the dominance of steep minor bullish wave, indicating the strength and stability of this track, besides the emergence of the positive signals on the relative strength indicators, after offloading its overbought conditions, opening the way for achieving more gains on the near-term basis.

 

 

The USDCAD price is getting ready to break a key support- Analysis-05-12-2025

Economies.com
2025-12-05 02:38AM UTC

The (USDCAD) price witnessed fluctuated trading in its last intraday trading, due to the stability of the key support level at 1.3940, providing some bullish momentum that helped the price to rebound, with the continuation of the negative pressure due to its trading below EMA50, and under the dominance of steep minor bearish wave on the short-term basis, besides the emergence of the negative signals on the relative strength indicators after reaching overbought levels.

 

 

 

The USDJPY is rising within bearish corrective channel’s range-Analysis-05-12-2025

Economies.com
2025-12-05 02:35AM UTC

The (USDJPY) rose in its last intraday trading, amid its trading within bearish corrective channel’s range that limited its previous trading on the short-term basis, and there is dynamic support that is represented by its trading below EMA50, reducing the chances of the price recovery on the short-term basis, attempting to recover some of its previous losses, attempting to offload its oversold conditions on the relative strength indicators, especially with the emergence of the positive signals from there.

 

 

GBPUSD price is declining, affected by its current resistance- Analysis-05-12-2025

Economies.com
2025-12-05 02:27AM UTC

GBPUSD settles lower in its last intraday trading, due to the stability of 1.3350 resistance, to gather the gains of its previous rises, attempting to gain bullish momentum that may help it to recover and breach this resistance, amid the continuation of the positive support due to its trading above EMA50, and under the dominance of the bullish corrective trend on the short-term basis and its trading alongside supportive trend line for this trend, accompanied by the relative strength indicators’ reaching oversold levels, exaggeratedly compared to the price move, indicating a quick fading to the volume of the bearish momentum.