{"id":27047,"date":"2023-08-06T07:03:16","date_gmt":"2023-08-06T10:03:16","guid":{"rendered":"https:\/\/tiproject.online\/index.php\/2023\/08\/06\/eur-usd-gbp-usd-usd-cad-usd-jpy-u-s-dollar-is-under-pressure-ahead-of-the-weekend\/"},"modified":"2023-08-06T07:03:16","modified_gmt":"2023-08-06T10:03:16","slug":"eur-usd-gbp-usd-usd-cad-usd-jpy-u-s-dollar-is-under-pressure-ahead-of-the-weekend","status":"publish","type":"post","link":"https:\/\/tiproject.online\/index.php\/2023\/08\/06\/eur-usd-gbp-usd-usd-cad-usd-jpy-u-s-dollar-is-under-pressure-ahead-of-the-weekend\/","title":{"rendered":"EUR\/USD, GBP\/USD, USD\/CAD, USD\/JPY &#8211; U.S. Dollar Is Under Pressure Ahead Of The Weekend"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div>\n<div><figcaption id=\"caption-attachment-1365960\" class=\"wp-caption-text\">DXY 040823 4h Chart<\/figcaption><p><a href=\"https:\/\/www.fxempire.com\/indices\/eod\/dxy\">U.S. Dollar Index<\/a> pulls back as traders react to the <a href=\"https:\/\/www.fxempire.com\/news\/article\/non-farm-payrolls-lower-than-expected-job-growth-rising-earnings-1365820\">weaker-than-expected Non Farm Payrolls report<\/a>, which indicated that U.S. economy added 187,000 jobs in July.<\/p>\n<p>In case U.S. Dollar Index settles below the support at 102.00 \u2013 102.15, it will move towards the next support level, which is located in the 101.00 \u2013 101.15 range.<\/p>\n<\/div>\n<\/div>\n<div>\n<div><figcaption id=\"caption-attachment-1365961\" class=\"wp-caption-text\">EUR\/USD 040823 4h Chart<\/figcaption><p><a href=\"https:\/\/www.fxempire.com\/currencies\/eur-usd\">EUR\/USD<\/a> is moving higher after Non Farm Payrolls report. The weak Euro Area Retail Sales report, which showed that Retail Sales declined by 0.3% month-over-month in June, did not put pressure on the European currency.<\/p>\n<p>EUR\/USD has already moved above the 200 MA and is heading towards the resistance at 1.1070 \u2013 1.1095. RSI remains in the moderate territory, so there is enough room to gain additional momentum.<\/p>\n<h2 id=\"gbpusd\">GBP\/USD<\/h2>\n<figure id=\"attachment_1365962\" aria-describedby=\"caption-attachment-1365962\" class=\"wp-caption alignnone\"\/><\/div>\n<\/div>\n<div>\n<div><figcaption id=\"caption-attachment-1365962\" class=\"wp-caption-text\">GBP\/USD 040823 4h Chart<\/figcaption><p><a href=\"https:\/\/www.fxempire.com\/currencies\/gbp-usd\">GBP\/USD<\/a> is currently trying to settle above the resistance at 1.2725 \u2013 1.2750 as traders focus on the general weakness of the U.S. dollar.<\/p>\n<p>In case GBP\/USD stays above the 1.2750 level, it will head towards the next resistance, which is located in the 1.2970 \u2013 1.3000 range.<\/p>\n<h2 id=\"usdcad\">USD\/CAD<\/h2>\n<figure id=\"attachment_1365963\" aria-describedby=\"caption-attachment-1365963\" class=\"wp-caption alignnone\"\/><\/div>\n<\/div>\n<div>\n<div><figcaption id=\"caption-attachment-1365963\" class=\"wp-caption-text\">USD\/CAD 040823 4h Chart<\/figcaption><p><a href=\"https:\/\/www.fxempire.com\/currencies\/usd-cad\">USD\/CAD<\/a> pulled back as traders focused on the rally in the oil markets. WTI oil and Brent oil tested new highs in today\u2019s trading session.<\/p>\n<p>USD\/CAD failed to settle above the resistance at 1.3360 \u2013 1.3380 and is moving towards the nearest support level at 1.3240 \u2013 1.3265.<\/p>\n<h2 id=\"usdjpy\">USD\/JPY<\/h2>\n<figure id=\"attachment_1365964\" aria-describedby=\"caption-attachment-1365964\" class=\"wp-caption alignnone\"\/><\/div>\n<\/div>\n<div>\n<div><figcaption id=\"caption-attachment-1365964\" class=\"wp-caption-text\">USD\/JPY 040823 4h Chart<\/figcaption><p><a href=\"https:\/\/www.fxempire.com\/currencies\/usd-jpy\">USD\/JPY<\/a> declines as traders focus on the strong pullback in Treasury yields.<\/p>\n<p>In case USD\/JPY manages to settle below the support at 141.85 \u2013 142.35, it will head towards the next support, which is located in the 137.65 \u2013 138.00 range.<\/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-is-under-pressure-ahead-of-the-weekend-1365932\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] DXY 040823 4h ChartU.S. Dollar Index pulls back as traders react to the weaker-than-expected Non Farm Payrolls report, which indicated that U.S. economy added 187,000 jobs in July. In case U.S. Dollar Index settles below the support at 102.00 \u2013 102.15, it will move towards the next support level, which is located in the 101.00 \u2013 101.15 range. EUR\/USD 040823 4h ChartEUR\/USD is moving higher after Non Farm Payrolls report. The weak Euro Area Retail Sales report, which showed that Retail Sales declined by 0.3% month-over-month in June, did not put pressure on the European currency. EUR\/USD has already moved above the 200 MA and is heading towards the resistance at 1.1070 \u2013 1.1095. RSI remains in the moderate territory, so there is enough room to gain additional momentum. GBP\/USD GBP\/USD 040823 4h ChartGBP\/USD is currently trying to settle above the resistance at 1.2725 \u2013 1.2750 as traders focus on the general weakness of the U.S. dollar. In case GBP\/USD stays above the 1.2750 level, it will head towards the next resistance, which is located in the 1.2970 \u2013 1.3000 range. USD\/CAD USD\/CAD 040823 4h ChartUSD\/CAD pulled back as traders focused on the rally in the oil markets. WTI oil and Brent oil tested new highs in today\u2019s trading session. USD\/CAD failed to settle above the resistance at 1.3360 \u2013 1.3380 and is moving towards the nearest support level at 1.3240 \u2013 1.3265. USD\/JPY USD\/JPY 040823 4h ChartUSD\/JPY declines as traders focus on the strong pullback in Treasury yields. In case USD\/JPY manages to settle below the support at 141.85 \u2013 142.35, it will head towards the next support, which is located in the 137.65 \u2013 138.00 range. 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":27048,"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-27047","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\/27047","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=27047"}],"version-history":[{"count":0,"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/posts\/27047\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/media\/27048"}],"wp:attachment":[{"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/media?parent=27047"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/categories?post=27047"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/tags?post=27047"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}