{"id":26755,"date":"2023-07-23T14:43:59","date_gmt":"2023-07-23T17:43:59","guid":{"rendered":"https:\/\/tiproject.online\/index.php\/2023\/07\/23\/eur-usd-gbp-usd-usd-cad-usd-jpy-u-s-dollar-stays-strong-ahead-of-the-weekend\/"},"modified":"2023-07-23T14:43:59","modified_gmt":"2023-07-23T17:43:59","slug":"eur-usd-gbp-usd-usd-cad-usd-jpy-u-s-dollar-stays-strong-ahead-of-the-weekend","status":"publish","type":"post","link":"https:\/\/tiproject.online\/index.php\/2023\/07\/23\/eur-usd-gbp-usd-usd-cad-usd-jpy-u-s-dollar-stays-strong-ahead-of-the-weekend\/","title":{"rendered":"EUR\/USD, GBP\/USD, USD\/CAD, USD\/JPY &#8211; U.S. Dollar Stays Strong Ahead Of The Weekend"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div>\n<div><figcaption id=\"caption-attachment-1362970\" class=\"wp-caption-text\">DXY 210723 4h Chart<\/figcaption><p><a href=\"https:\/\/www.fxempire.com\/indices\/eod\/dxy\">U.S. Dollar Index<\/a> is moving higher despite the pullback in longer-term Treasury yields. Traders believe that the U.S. Dollar Index has found a local bottom near the 100 level.<\/p>\n<p>Currently, U.S. Dollar Index is trying to settle above the resistance at 101.00 \u2013 101.15. In case this attempt is successful, U.S. Dollar Index will head towards the resistance at 102.00 \u2013 102.15.<\/p>\n<\/div>\n<\/div>\n<div>\n<div><figcaption id=\"caption-attachment-1362971\" class=\"wp-caption-text\">EUR\/USD 210723 4h Chart<\/figcaption><p><a href=\"https:\/\/www.fxempire.com\/currencies\/eur-usd\">EUR\/USD<\/a> is mostly flat in today\u2019s trading as traders wait for additional catalysts.<\/p>\n<p>The nearest support level for EUR\/USD is located in the 1.1070 \u2013 1.1095 range. RSI remains in the moderate territory, so EUR\/USD has a decent chance to gain additional momentum in case the right catalysts emerge.<\/p>\n<h2 id=\"gbpusd\">GBP\/USD<\/h2>\n<figure id=\"attachment_1362972\" aria-describedby=\"caption-attachment-1362972\" class=\"wp-caption alignnone\"\/><\/div>\n<\/div>\n<div>\n<div><figcaption id=\"caption-attachment-1362972\" class=\"wp-caption-text\">GBP\/USD 210723 4h Chart<\/figcaption><p><a href=\"https:\/\/www.fxempire.com\/currencies\/gbp-usd\">GBP\/USD<\/a> moved lower as traders reacted to the <a href=\"https:\/\/www.fxempire.com\/macro\/united-kingdom\/retail-sales-mom\">Retail Sales<\/a> report from the UK. The report indicated that Retail Sales increased by 0.7% month-over-month in June, compared to analyst consensus of +0.2%.<\/p>\n<p>In case GBP\/USD declines below the support at 1.2820, it will move towards the next support level, which is located in the 1.2725 \u2013 1.2750 range.<\/p>\n<h2 id=\"usdcad\">USD\/CAD<\/h2>\n<figure id=\"attachment_1362973\" aria-describedby=\"caption-attachment-1362973\" class=\"wp-caption alignnone\"\/><\/div>\n<\/div>\n<div>\n<div><figcaption id=\"caption-attachment-1362973\" class=\"wp-caption-text\">USD\/CAD 210723 4h Chart<\/figcaption><p><a href=\"https:\/\/www.fxempire.com\/currencies\/usd-cad\">USD\/CAD<\/a> gained ground as traders reacted to Canada\u2019s <a href=\"https:\/\/www.fxempire.com\/macro\/canada\/retail-sales-mom\">Retail Sales data<\/a>. Retail Sales grew by 0.2% month-over-month in May, while analysts expected that they would increase by 0.5%.<\/p>\n<p>The nearest resistance for USD\/CAD is located in the 1.3240 \u2013 1.3265 range. A move above this level will push USD\/CAD towards monthly highs in the 1.3360 \u2013 1.3380 range.<\/p>\n<h2 id=\"usdjpy\">USD\/JPY<\/h2>\n<figure id=\"attachment_1362975\" aria-describedby=\"caption-attachment-1362975\" class=\"wp-caption alignnone\"\/><\/div>\n<\/div>\n<div>\n<div><figcaption id=\"caption-attachment-1362975\" class=\"wp-caption-text\">USD\/JPY 210723 4h Chart<\/figcaption><p><a href=\"https:\/\/www.fxempire.com\/currencies\/usd-jpy\">USD\/JPY<\/a> continues to rebound after Japan\u2019s <a href=\"https:\/\/www.fxempire.com\/macro\/japan\/inflation-rate\">inflation reports<\/a>, which showed that Inflation Rate increased from 3.2% in May to 3.3% in June, compared to analyst consensus of 3.5%. Inflation stays low despite the ultra-dovish policy of the BoJ.<\/p>\n<p>A move above the resistance at 141.85 \u2013 142.35 will open the way to the test of the next resistance level at 144.70 \u2013 145.00.<\/p>\n<p>For a look at all of today\u2019s economic events, check out our <a href=\"https:\/\/www.fxempire.com\/tools\/economic-calendar\">economic calendar<\/a>.<\/p>\n<\/div>\n<\/div>\n<p>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/www.fxempire.com\/forecasts\/article\/eur-usd-gbp-usd-usd-cad-usd-jpy-u-s-dollar-stays-strong-ahead-of-the-weekend-1362965\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] DXY 210723 4h ChartU.S. Dollar Index is moving higher despite the pullback in longer-term Treasury yields. Traders believe that the U.S. Dollar Index has found a local bottom near the 100 level. Currently, U.S. Dollar Index is trying to settle above the resistance at 101.00 \u2013 101.15. In case this attempt is successful, U.S. Dollar Index will head towards the resistance at 102.00 \u2013 102.15. EUR\/USD 210723 4h ChartEUR\/USD is mostly flat in today\u2019s trading as traders wait for additional catalysts. The nearest support level for EUR\/USD is located in the 1.1070 \u2013 1.1095 range. RSI remains in the moderate territory, so EUR\/USD has a decent chance to gain additional momentum in case the right catalysts emerge. GBP\/USD GBP\/USD 210723 4h ChartGBP\/USD moved lower as traders reacted to the Retail Sales report from the UK. The report indicated that Retail Sales increased by 0.7% month-over-month in June, compared to analyst consensus of +0.2%. In case GBP\/USD declines below the support at 1.2820, it will move towards the next support level, which is located in the 1.2725 \u2013 1.2750 range. USD\/CAD USD\/CAD 210723 4h ChartUSD\/CAD gained ground as traders reacted to Canada\u2019s Retail Sales data. Retail Sales grew by 0.2% month-over-month in May, while analysts expected that they would increase by 0.5%. The nearest resistance for USD\/CAD is located in the 1.3240 \u2013 1.3265 range. A move above this level will push USD\/CAD towards monthly highs in the 1.3360 \u2013 1.3380 range. USD\/JPY USD\/JPY 210723 4h ChartUSD\/JPY continues to rebound after Japan\u2019s inflation reports, which showed that Inflation Rate increased from 3.2% in May to 3.3% in June, compared to analyst consensus of 3.5%. Inflation stays low despite the ultra-dovish policy of the BoJ. A move above the resistance at 141.85 \u2013 142.35 will open the way to the test of the next resistance level at 144.70 \u2013 145.00. For a look at all of today\u2019s economic events, check out our economic calendar. [ad_2] Source link<\/p>\n","protected":false},"author":1,"featured_media":26756,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[45],"tags":[],"class_list":["post-26755","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-financas"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/posts\/26755","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/comments?post=26755"}],"version-history":[{"count":0,"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/posts\/26755\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/media\/26756"}],"wp:attachment":[{"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/media?parent=26755"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/categories?post=26755"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/tags?post=26755"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}