NZDUSD is recovering -Analysis-13-08-2025
AI Summary
- NZDUSD price is rising in intraday trading, supported by a bullish correctional trend and trading above EMA50
- Key resistance at 0.5970 is expected to be breached, with positive signals on the RSI
- BestTradingSignal.com offers professional trading signals for US stocks, crypto, forex, and VIP signals for various markets, with subscription packages starting from €44/month
The (NZDUSD) price rose in its last intraday trading, amid the dominance of the bullish correctional trend on a short-term basis and its trading alongside a supportive bias line for the trend, with the continuation of the positive pressure due to its trading above EMA50, preparing to breach the key resistance at 0.5970, with the emergence of the positive signals on the (RSI).
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The AUDUSD is getting ready to attack key resistance -Analysis-13-08-2025
The (AUDUSD) price rose in its last intraday trading, preparing to the key resistance at 0.6540 level, this resistance prevented reinforcing the previous gains, amid the dominance of minor bullish wave on the short-term basis and its trading alongside a supportive bias for this trend, with the continuation of the positive pressure that comes from its trading above EMA50, reinforcing the stability of the positive scenario.
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The USDCAD is gathering its positive strength -Analysis-13-08-2025
The (USDCAD) price declined in its last intraday trading, in an attempt to gain positive momentum that might help it to recover and rise again, leaning on the support of the EMA50, amid its trading alongside a main bullish trend on the short-term basis, with the emergence of the positive signals on the (RSI), after the price success in offloading overbought conditions previously.
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The USDJPY exhausted its positive opportunities -Analysis-13-08-2025
The (USDJPY) price rose in its last intraday trading, after gaining positive momentum in sudden declines, to look for a rising low to take it as a base to rise, leaning on the support of its EMA50, accompanied by testing a main bullish trend line on the short-term basis, gaining some positive momentum that helped it to achieve new gains, and helps it to reach the(RSI) reach to exaggerated oversold levels compared by the price movement.
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