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The USDCHF declines by the effect of significant resistance -Analysis-08-07-2025

Economies.com
2025-07-08 04:04AM UTC
AI Summary
  • USDCHF price declined due to significant resistance at 0.7985
  • Positive momentum may help breach resistance and alleviate overbought conditions on RSI
  • Trading above EMA50 with bullish correctional wave on short-term basis

The (USDCHF) price declined in its last intraday trading, due to the stability of the current resistance level at 0.7985, attempting to gain a positive momentum that might assist it to breach this resistance, attempting to offload some of its clear overbought conditions on the (RSI), especially with the emergence of the negative signals from there, amid the positive pressure that comes from its trading above EMA50, and under the dominance of bullish correctional wave on the short-term basis and its trading alongside a bias line.

 

 

 

The NZDUSD is rising beside bearish correctional trend line -Analysis-08-07-2025

Economies.com
2025-07-08 04:04AM UTC

The (NZDUSD) price rose in its last intraday trading, supported by the emergence of the positive signals on the (RSI), after reaching oversold levels, attempting to recover some of its previous losses, amid the continuation of the negative pressure that comes from its trading below EMA50, and under the dominance of bearish correctional wave on the short-term basis and its trading alongside a bias line.

 

 

The AUDUSD attempts to recover some of its losses -Analysis-08-07-2025

Economies.com
2025-07-08 04:03AM UTC

The (AUDUSD) price rose in its last intraday trading, affected by the stability of the critical support level at 0.6485, gaining some of the bullish momentum that assisted it to recover some of its previous losses, attempting to offload some of its clear oversold levels on the (RSI), especially with the emergence of the positive signals from them.

 

This comes amid the continuation of the negative pressure that comes from its trading below EMA50, and under the dominance of bearish correctional wave on the short-term basis.

 

 

The USDCAD is between hammer and anvil -Analysis-08-07-2025

Economies.com
2025-07-08 04:03AM UTC

The (USDCAD) price declined in its last intraday trading, due to the stability of the resistance level at 1.3685, with the emergence of the negative signals on the (RSI), after reaching overbought levels, intensifying the negative pressure on the price, amid the dominance of the main bearish trend dominance on the short-term basis, and its trading alongside a bias line, on the other hand, the price take advantage of the dynamic support that is represented by its trading above EMA50, forming a support that might decelerate its losses temporarily.

 

 

Frequently asked questions

What is the price of USD/CHF today?

The price of USD/CHF is $0.7980 (2025-07-08 12:25PM UTC)