Fecha Actual:July 25, 2024

Price action update July 17th

EURUSD remains buyer below weekly highs of 1.1240. In preference we avoid buying before the European opening, therefore I suggest waiting for that time before entering these levels. Buys will be defined around 1.1250. If the market is positioned on that level then the buyer is defined up to 1.1280 and 1.1290/1.13.

GBPUSD remains a buyer. At this cross I suggest waiting for 1.3090 before buying with a first target at 1.31. Once the market is positioned on 1.31, it confirms the price at 1.3130. If the seller opens tomorrow, we consider it appropriate to wait for 1.3050 or 1.3060 to buy or at better prices.

USDCAD remains seller. Below 1.32 the preference is selling. First entry level 1.3180 to 1.3170 with extension to 1.3160. Below 1.3160 sales continue to 1.3150 and 1.3130. Buys start at 1.3205 to 1.3220. About 1.3230 to 1.3250. If purchases take time to reach targets, they expire.

XAUUSD remains in consolidation between 1,960 and 1,950. These are not market entry levels but rather we prefer to wait for tomorrow’s open. In preference we go buyer.


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