[xtreamforex]

Technical Overview of USD/CAD, GBP/USD and USD/JPY Currency Pairs

USD CAD

The USD traded higher against the CAD and closed at 1.3363.

Canada Retail Sales m/m show changes in the value of goods sold in retail stores in the specified month compared to the previous month. The indicator is calculated based on statistics from several thousand retail stores, and the data is then extrapolated to the whole country.

The indicator evaluates the consumer activity and inflation. The indicator growth can have a positive effect on CAD quotes.

Canada Retail Sales m/m show changes in the value of goods sold in retail stores in the specified month compared to the previous month. The indicator is calculated based on statistics from several thousand retail stores, and the data is then extrapolated to the whole country.

The indicator evaluates the consumer activity and inflation. The indicator growth can have a positive effect on CAD quotes.

According to the Analysis, Four hour chart shows that the pair is expected to find support at 1.32922, and a fall through could take it to the next support level of 1.32216. The pair is expected to find its first resistance at 1.34165, and a rise through could take it to the next resistance level of 1.34702.

Previous Day range was 124.3 and Current Day Range is 23.9.

GBP USD

The GBP traded higher against the USD and closed at 1.3103.

Existing Home Sales shows the amount of the secondary housing sales for the given month. Only closed deals are considered in the report.

The report is used to evaluate the US real estate market.

The indicator growth can have a positive effect on US dollar quotes.

The pair is expected to find support at 1.29957, and a fall through could take it to the next support level of 1.28887. The pair is expected to find its first resistance at 1.32175, and a rise through could take it to the next resistance level of 1.33323.

GBP USD previous Day range was 221.8 and Current Day Range is 42.9.

USD JPY

The USD traded lower against JPY and closed at 110.808.

Existing Home Sales shows the amount of the secondary housing sales for the given month. Only closed deals are considered in the report.

The report is used to evaluate the US real estate market.
The indicator growth can have a positive effect on US dollar quotes.

According to the analysis, pair is expected to find support at 110.419, and a fall through could take it to the next support level of 110.031. The pair is expected to find its first resistance at 111.074, and a rise through could take it to the next resistance level of 111.314.

USD JPY previous day range was 6550 and current day range is 2390.