See also
On Monday, the market may start moving down from the 1.1718 level (Friday's daily close), targeting 1.1674 — the 23.6% retracement level (yellow dashed line). Upon reaching this level, a corrective upward movement is possible, targeting 1.1700 — the 14.6% retracement level (yellow dashed line).
Fig. 1 (Daily Chart)
Overall conclusion: bearish trend
Alternative scenario: From the 1.1718 level (Friday's daily close), the price may start moving downward toward the 1.1674 level — the 38.2% retracement level (yellow dashed line). Upon reaching this level, a corrective upward move is possible, targeting 1.1674 — the 23.6% retracement level (yellow dashed line).
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*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
GBP/USD – Monday, July 14, 2025 GBP/USD is moving in a weakening condition where this is confirmed by its price movement below the 50-EMA, which is also below the 200-EMA
USD/CAD, July 14, 2025 Although the Lonnie is moving in a neutral-bullish position, there is potential for the USD/CAD commodity currency pair to test its pivot and support levels today
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