The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
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Sign InTechnical updates indicate that EUR/JPY has resumed its uptrend, targeting 188.98, while a break of the 187.07 support would signal a short-term top. For GBP/JPY, the intraday bias remains neutral below 215.89, with a decisive break expected to push the pair toward the 219.00 area. Meanwhile, USD/CAD continues its decline from the 1.3965 peak, eyeing the 61.8% Fibonacci retracement level at 1.3665. In other crosses, EUR/AUD maintains a bearish bias targeting 1.6125 as long as the 1.6667 resistance holds, whereas EUR/CHF is trading sideways with an upside target of 0.9394 provided the 0.9155 support remains intact. These developments highlight a mixed performance across major and minor pairs as the Canadian Dollar faces sustained corrective pressure.