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Sterling has carved the June opening-range just above technical support- we’re on breakout watch. These are the levels that matter on the GBP/USD charts this week.

Economic activity accelerates in June in Canada and rises for the fifth consecutive month, but the PMI data fails to boost the Canadian dollar.

Crude oil has been bid up to fresh highs and buyers are threatening another breakout, with prices testing a key zone on long-term oil charts.

FOMC minutes could validate yesterday’s seemingly pre-emptive move in EUR/USD if hawkish narrative persists.

The latest FOMC minutes will be released later today and these will likely decide the next move in USD/CAD

USD/JPY had been in a narrowing range the past few years, and on that was a chart that had been of interest for some time for the very reason that…

Gold remain supported despite USD gains as real yields fall deeper into negative territory.

Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger EUR/JPY-bearish contrarian trading bias.

Evenly balanced price pressures are keeping GBP/USD calm ahead of FOMC minutes

The Euro may fall against the US Dollar as minutes from June’s FOMC meeting reinforce bearish technical positioning after prices broke chart support.