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USD/CAD Daily Analysis – Tuesday, July 17
USD/CAD failed to breakout of 1.3224 resistance and pulled back to 1.3100 area.
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AUD/USD Daily Analysis - Tuesday, July 17
AUD/USD remains in the downtrend from 0.7483, as long as 0.7450 resistance holds, the bounce from 0.7360 could be treated as consolidation for the downtrend.
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USD/CAD Daily Analysis – Monday, July 16
USD/CAD failed to break above 1.3224 resistance once again.
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AUD/USD Weekly Analysis – Monday, July 16
AUD/USD remains in the downtrend from 0.7483, the bounce from 0.7360 is likely consolidation for the downtrend.
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AUD/USD Weekly Analysis – Sunday, July 15
AUD/USD remains in the downtrend from 0.8135; the bounce from 0.7310 is likely consolidation for the downtrend. A further rally to test the resistance of the falling trend line on the daily chart is possible in the coming days.
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GBP/USD Weekly Analysis – Sunday, July 15
GBP/USD failed to break below 1.3049 support and stayed in a trading range between 1.3049 and 1.3472. As long as 1.3472 key resistance holds, the price action in the range could be treated as consolidation for the downtrend.
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