Japanese Candlesticks Analysis 18.07.2017 (USD/CAD, GBP/USD)

18 июля 2017 - Fx4News

USD/CAD

After the US Dollar declined, many currency pairs got momentum. The Canadian dollar joined them. The Engulfing and Doji models suggest further decline of the price. The nearest target for this downside move is breakout of the support level 1.2619.

USD/CAD

GBP/USD

The H4-chart shows the pair reached a resistance level, the first Shooting Star triggered a rebound while yet another Shooting Star suggests further decline of the pair. The support level 1.3050 is the potential target for the price.

GBP/USD