Forex Daily Forecast Jul 26 2019

EURUSD Outlook Remains Lower! GBPUSD Bearish Despite Recovery Attempts...USDJPY Bullish With Caution! AUDUSD Bearish Pressure Turns To 0.6925 Levels...USDCAD: Bullish Risk Builds On 1.3188/1.3222 Levels...

0
49
EURO - dollar - 65985-

EURUSD Outlook Remains Lower!

As long as 1.1150 resistance holds on a daily closing basis. The EURUSD remains on the downside to 1.1080 levels ahead of 1.1015 levels. Above 1.1150 sees a limited recovery to 1.1218/1.1282 levels before another fall.

Support:1.1080, 1.1015, 1.0975. 1.0930

Resistance: 1.1150, 1.1218, 1.1282, 1.1369

Forex Daily Forecast Jul 26 2019-EURUSDGBPUSD Bearish Despite Recovery Attempts

As long as  1.2403/1.2430 levels support holds on a daily closing basis. The GBPUSD remains in a recovery mode with a risk to 1.2523/1.2575 levels. Above that level will extend the corrective recovery to 1.2687/1.2748 levels. Below 1.2430/1.2403 restore the downside momentum and aims the 1.2357/1.2285 levels. Support: 1.2430, 1.2403, 1.2357, 1.2285, 1.2220 Resistance: 1.2523, 1.2575, 1.2687, 1.2748, 1.2480

Forex Daily Forecast Jul 26 2019-GBPUSDUSDJPY Bullish With Caution!

As long as 108.03/107.70 support holds on a daily closing basis. The USDJPY remains on the upside to 109.17 levels. A halt is likely. It may top and reverse from here. Above 109.17 will open 109.60 ahead of 110.25 levels. A failure to hold above 108.75 could mean a return to 108.03/107.70 levels. Below that level sees a fall risk to 107.15/106.60 levels. Support: 108.03, 107.70, 107.15, 106.60, 105.87, 105.32 Resistance: 108.75, 109.17, 109.60, 110.25, 110.70

Forex Daily Forecast Jul 26 2019-USDJPYAUDUSD Bearish Pressure Turns To 0.6925 Levels

As long as 0.6955/0.6975 broken support turned resistance holds on a daily closing basis. The AUDUSD remains on the downside to 0.6925 levels. A halt is likely. But a cut would open 0.6875/0.6835 levels. Above 0.6975 levels faces recovery threats to 0.7005/0.7045 levels. Support: 0.6925, 0.6875, 0.6835, 0.6785, 0.6735 Resistance: 0.6955, 0.6975, 0.7050.7045, 0.7075, 0.7130

Forex Daily Forecast Jul 26 2019-AUDUSDUSDCAD: Bullish Risk Builds On 1.3188/1.3222 Levels…

As long as 1.3118/1.3150 support holds on a daily closing basis. The USDCAD remains on the upside to 1.3188/1.3222 levels. A halt is likely, it may top and reverse from here. Above that level aims 1.3280/1.3340 levels. Below 1.3118 sees a fall risk to 1.3055/1.3015 levels. Support: 1.3150, 1.3118,1.3055, 1.3015, 1.2930 Resistance: 1.3188, 1.3222, 1.3280, 1.3340, 1.3410 Forex Daily Forecast Jul 26 2019-USDCAD  

MARKET DATA

UPCOMING ECONOMIC EVENTS