Technical Analysis of Major Currency Pairs for FX Trading on July 15

Monday, 15 July 2024, 13:14

In the latest analysis, the EURUSD and GBPUSD faced resistance while the USDJPY consolidated within retracement levels. Traders should watch for potential selling opportunities in the EURUSD and GBPUSD as they meet resistance levels. Meanwhile, the USDJPY shows stability within the retracement zones, indicating a potential range-bound movement.
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Technical Analysis of Major Currency Pairs for FX Trading on July 15

EURUSD Technical Analysis

EURUSD encountered resistance and attracted sellers.

  • Resistance levels were significant for selling opportunities.

USDJPY Technical Analysis

USDJPY maintained stability within retracement zones.

  • Concentration within retracement levels suggests a sideways movement.

GBPUSD Technical Analysis

GBPUSD also faced resistance and found sellers at high levels.

  • Resistance targets led to selling activities.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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