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The USDJPY gets positive push -Analysis-07-07-2025

Economies.com
2025-07-07 03:45AM UTC
AI Summary
  • USDJPY price rose in last intraday trading, supported by trading above EMA50 and bullish correctional trend
  • Positive momentum due to leaning on EMA50 and emergence of positive signals on RSI
  • Predicted to continue upward trend in short-term basis

 

The (USDJPY) price rose in its last intraday trading, affected by the dynamic support that is represented by its trading above EMA50, gaining positive momentum due to its lean on it, amid the dominance of the bullish correctional trend on the short- term basis and its trading besides a bias line, besides the emergence of the positive signals on the (RSI), after reaching oversold levels.

 

 

 

 

The GBPUSD dominates bearish correctional wave -Analysis-07-07-2025

Economies.com
2025-07-07 03:45AM UTC

 

The (GBPUSD) price declined in its last intraday trading, affected by the dominance of bearish correctional wave on the short-term basis, which decreases the positive momentum and limits the recovery attempts. This decline came amid the continuation of the trading below EMA50, reinforcing the current negative overview on the near-term basis.

 

The emergence of the negative signals on the (RSI) increases the selling pressure, indicating the situation of losing the buying momentum and supports the continuation of the bearish correction, these factors keep the eyes on the next support levels that might be tested if the selling pressure continues.

 

 

 

Bitcoin (BTCUSD) rose alongside a bullish trend line -Analysis-07-07-2025

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

The price of Bitcoin (BTCUSD) rose in its recent intraday trading, taking advantage of its stability above EMA50, which represents a dynamic support that reinforces the possibilities of the bullish track continuation, besides the move besides a bullish trend line on the short-term basis, indicating the dominance of the buying powers on the trading until now.

 

On the other hand, there are negative signs begin to appear on the (RSI), with the formation of negative overlapping signals and reaching exaggerated overbought levels, indicating the buying exhaustion, which might confine the upcoming gains or lead to some temporary downside moves, to offload this condition and gathering the required momentum to continue the rise later.

Crude oil is under negative pressure -Analysis-07-07-2025

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

The (crude oil) declined in its last intraday trading, affected by the negative signs on the (RSI), after reaching overbought areas, which indicates losing the bullish momentum and might put more selling pressure on the price in the near period, this decline caused surpassing EMA50, intensifying the negative pressures and opening the way for more potential declines.

 

This decline came amid the continuation of the bearish correctional trend dominance on the short-term basis, as the markets need strong signs for near technical support to stop this decline, which increases the possibilities for completing the current bearish wave unless rebound signals appear or the price settles clearly.

 

Frequently asked questions

What is the price of USD/JPY today?

The price of USD/JPY is $146.78 (2025-07-08 13:25PM UTC)