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USD/CAD

USD/CAD Approaches Key Resistance Level Amidst Renewed Market Momentum

USD/CAD is testing a crucial resistance near 1.3380 amid rising U.S. Treasury yields and bullish technical signals like the MACD positive crossover and a potential Golden Cross on SMAs. Strong U.S. economic data contrasts with softer Canadian growth, supporting USD strength. Watch for a decisive break above 1.3400 to target 1.3480–1.3500 or risk a pullback to 1.3300. Detailed analysis originally from Economies.com, August 1, 2025.

GBP/USD

GBP/USD Struggles to Recover from Oversold Levels Amid Technical and Fundamental Crosscurrents

GBP/USD shows signs of exiting oversold territory after sustained bearish pressure. Technical indicators like RSI and Stochastics suggest potential for a corrective bounce, supported by profit-taking and extreme short positioning. However, fundamental UK-US economic dynamics and central bank policies will shape the medium-term trend. Analysis by Economies.com forex team. #Forex #GBPUSD

USD/JPY

USD/JPY Soars to New Heights Amid Strong Bullish Surge

USD/JPY breaks above key resistance, hitting fresh highs near 160.86 as bullish momentum strengthens. With previous barriers cleared and psychological levels like 161.00 in sight, the uptrend shows strong continuation potential. Traders eye technical targets and support pivots for next moves. Full analysis by Greg Michalowski at InvestingLive.com. #forex #USDJPY #technicalanalysis

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