USD/ZAR met the resistance of the line connecting September, March and May highs in the 14.50 area.
Daily Market Analysis
As fears about global economic well-being mount, market players turn to BTC seeing it as a kind of independent alternative.
No matter what the economic figures from the UK look like, the GBP is under the heavy weight of Brexit.
The technical necessity of a downturn was visible in XAU/USD for a long time.
The pound is affected by Brexit uncertainty and may slide even lower.
On H4, we can see that the pair fixed below the line connecting the lows of April and May in the area of 1.1180.
USD/CAD met resistance in the 1.3490 area (resistance line connecting April and May highs).
It seems that EUR/GBP has finally broken out of the range within which it was trading in March and April.
The US dollar strengthened versus the Chinese yuan as the trade deal between the United States and China met unexpected obstacles.
GBP/CAD met the resistance of the 50-month MA in the 1.7765 area.
GBP/USD formed a lower high just above 1.30 (psychological level, 50-week MA).
For 3 weeks in a row, EUR/CHF tried to close above the resistance line connecting October and February highs and failed.