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Tuesday, July 11

Couple EUR/ USD regained part of his night to fall
the opening of the European markets, as the US dollar slightly corrected against
its main competitors. During the Asian session, the pair received
additional bearish impetus, after the speech of Fed member Dzh.Uilyamsa,
in which he said he expects one more increase in the Fed's interest rate
this year. In addition, the increased demand for higher-yielding assets, which
is the main driving factor in the Asian session, as provided in the
a pair of negative pressure. However, recent data from the US labor market, which
fueled investor expectations of further Fed rate increase gradually
lose their pressure on the markets, and a decrease in divergence between the ECB and
The Fed continues to be one of the key drivers for the pair, which in its
turn, and allowed the euro to recover some ground in early European
trading. Today all the attention of traders will focus on the report on the number of
vacancies on the US labor market from Jolts, but a few shows
Fed members scheduled for CA's trading session, and will not be tolerated
Market attention as be able to provide some information about the future
Fed's actions with respect to monetary policy.

Couple USD/ CAD I could not hold the position, recovered during the Asian
session and returned to his 10-month lows, located on the
the level of 1.2860 after strong data from the Canadian labor market. It seems that the bulls
Bucks can not give the couple a substantial jolt, as pressure from
key employment report in the United States begins to disappear, thereby limiting
a pair of chances for further recoveries. Moreover, the expectations of the market that
The Bank of Canada may review its monetary policy on a more
aggressive, supporting Canadians since the last time the economy
Canada demonstrates positive results, thereby making it clear that the measures
easing monetary policy are no longer so desirable. Now all
investors' attention shifts toward the data block from the two neighboring
countries, which will include data on the number of open positions on the market
US Department of Labor from Jolts, as well as several minor reports that
scheduled for the CA session, while the price of oil will continue
to set the mood in a couple of European trading.

new zealander It remains a major underdog this Tuesday,
allowing the pair NZD / USD to test their multi-week low level
0.7225, despite the propensity of traders to more risky assets. Looks like,
bulls in New Zealand barely reacted to the interest of investors to more
profitable tool which is a major driving factor in the market
During the Asian session, as the weak macroeconomic data in New Zealand
coupled with a positive attitude buck contained growth pair. Nevertheless, NZD / USD was able to
to move away from their nightly lows for the opening of European markets as a positive
oil prices mood during Asian trade supported kiwi. further, today
Investors will be looking forward to the release of data on the number of open vacancies at
US labor market from JOLTS while as general market sentiment will continue to
set the direction of the pair during a given trading session.

Couple USD / JPY It continues to trade in
northbound third consecutive session on Tuesday, renewing his
4-month high at 114.48 earlier in the Asian session. Looks like,
that yesterday's weak data from Japan continue to have a negative impact
the yen, holding the couple in the green zone this week. Moreover, the ongoing
positive attitude of the US dollar caused by the positive results of the market
Labor, as well as increased demand for riskier assets will remain for a couple
the main guiding factors in this Tuesday. Today we will have another
quiet trading session, which will bring us only to report on the number of open
vacancies on the US labor market from JOLTS during the New York trading, so the market
factors will remain key drivers for the pair on Tuesday.

main
events of the day:

The number of open positions on the US labor market from JOLTS-
17.00 (GMT +3)

support levels
and resistance to major currency pairs:

EURUSD P.
1.1362 C 1.1436

P. S. USDJPY 113.63 114.49

GBPUSD P.
1.2827 C 1.2935

USDCHF P.
0.9608 C 0.9698

AUDUSD 0.7574 P.
S. 0.7630

NZDUSD P.
0.7253 C 0.7293

USDCAD P.
1.2832 C 1.2960

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