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USDCAD approaches the support again – Analysis - 19-07-2018
The USDCAD pair trades negatively now to approach testing 1.3128 level, and as long as the price is above this level, our bullish overview will remain active, supported by the EMA50, reminding you that our main waited target is located at 1.3382.
Expected trading range for today is between 1.3100 support and 1.3260 resistance.
Expected trend for today: Bullish
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USDJPY gets the positive momentum – Analysis - 19-07-2018
The USDJPY pair shows some slight bearish bias to test the intraday bullish channel’s support line, accompanied by stochastic reach to the oversold areas, to form positive motive that we expect to push the price to resume the bullish trend that its next target located at 113.38.
MoreGBPUSD loses momentum – Analysis - 19-07-2018
The GBPUSD pair shows some bullish bias after reaching 1.3000 barrier yesterday, noticing that stochastic loses its positive momentum to support the chances of bouncing bearishly and resume the bearish trend in the upcoming sessions.
MoreEURUSD keeps its negative stability – Analysis - 19-07-2018
The EURUSD pair settles below 1.1705 level, thus, our bearish overview will remain valid for the upcoming period, supported by the negative pressure formed by the EMA50, waiting to target 1.1554 followed by 1.1443 levels as next main stations.
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