EUR/USD inside day holding just above support again at 1.1780/70 and just below first resistance at 1.1835/45. Outlook is negative for the start of this week.
USD/CAD longs at 1.2460/40 worked again on the bounce to the targets of 1.2500/10, 1.2580/90 and strong resistance at 1.2620/30. We topped exactly here.
GBP/CAD hit the target of 1.7420/30 and topped exactly here. The pair then bottomed exactly at first support at 1.7350/30.
Analysis
EUR/USD holding support again at 1.1780/70 Sunday met first resistance at 1.1835/45. Shorts needed stops above 1.1855. A break higher was a buy signal targeting 1.1875/80 before strong resistance at 1.1895/1.1905. First support was at 1.1780/70. A break lower targeted 1.1740/30, probably as far as very important support at 1.1700/1.1680. Longs needed stops below 1.1660.
USD/CAD topped exactly at strong resistance at 1.2620/30. Shorts here needed stops above 1.2655. A break above here was a buy signal for the start of this week eventually targeting 1.2740/50. First support at 1.2535/25. Strong support at 1.2480/70. Longs needed stops below 1.2455.
GBP/CAD bottomed exactly at first support at 1.7350/30. Much better support at 1.7300/1.7290 Sunday. Longs needed stops below 1.7265. Very minor resistance at 1.7420/30 yesterday. A break higher targeted 1.7490/1.7500.
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