Open trading account 
The US added more jobs than expected in June. NFP data reported on Friday, 7 of July came at 222K offsetting a 179K forecast and May’s data was revised higher to 152K from 138K. Though June’s average hourly earnings MoM came lower than expected at 0.20% vs. 0.30%.
The EUR/USD exchange rate ended the week below the 1.14 level. The upper daily Bollinger band rests at 1.1501 while the 20-day SMA (1.1280) is currently moving towards the 1.13 level. The 55 and the 100-day SMAs are still lagging at 1.1153 and 1.0933, respectively.
The GBP/USD exchange rate finished the week below the 1.29 level, more precisely at 1.2886 and closer to the 55-day SMA at 1.2874. A break of this previous mentioned level will lead the exchange rate to face the 20-day SMA at 1.2824 followed by the 100-day SMA at 1.2681. On the upside, the daily Bollinger band at 1.3058 is also reinforced by the 38.20% retracement of pound’s fall since the 1.50 level last year, suggests that a high might had been formed when the exchange rate visited that level twice this year in May and June.
The USD/JPY exchange rate ended the week knocking at the 114 level door. On the upside, the daily Bollinger band at 114.39 offers resistance. Support formed by rationale figures such as SMAs are all pointing to the 112 as a significance level.
The EUR/JPY exchange rate rose last week and closed the weekly session at 129.85. The upper daily Bollinger band rests at 131.17 and all three SMAs (20, 55 and 100) are below the 127 level. In fact, there is wide range where all three mentioned SMAs are resting right now, between 122 and 127.
The AUD/USD exchange rate fell last week to 0.7603. The upper daily Bollinger band stands at 0.7680 while the 100-day SMA is the first support at 0.7550.
The USD/CAD exchange rate finished the week below the 1.29 level. The lower daily Bollinger band at 1.2815 acts as support if additional losses takes place in the first days of the week ahead, while the 20-day SMA at 1.3117 will likely keep moving lower in the days ahead.
The NZD/USD exchange rate is now consolidating gains while it still stands above the 0.72 level and sneakily approaches the 0.73 level. The upper daily Bollinger band stands at 0.7329, while the lower Bollinger band at 0.7206 is not visited since May 11.
The EUR/USD exchange rate ended the week below the 1.14 level. The upper daily Bollinger band rests at 1.1501 while the 20-day SMA (1.1280) is currently moving towards the 1.13 level. The 55 and the 100-day SMAs are still lagging at 1.1153 and 1.0933, respectively.
The GBP/USD exchange rate finished the week below the 1.29 level, more precisely at 1.2886 and closer to the 55-day SMA at 1.2874. A break of this previous mentioned level will lead the exchange rate to face the 20-day SMA at 1.2824 followed by the 100-day SMA at 1.2681. On the upside, the daily Bollinger band at 1.3058 is also reinforced by the 38.20% retracement of pound’s fall since the 1.50 level last year, suggests that a high might had been formed when the exchange rate visited that level twice this year in May and June.
The USD/JPY exchange rate ended the week knocking at the 114 level door. On the upside, the daily Bollinger band at 114.39 offers resistance. Support formed by rationale figures such as SMAs are all pointing to the 112 as a significance level.
The EUR/JPY exchange rate rose last week and closed the weekly session at 129.85. The upper daily Bollinger band rests at 131.17 and all three SMAs (20, 55 and 100) are below the 127 level. In fact, there is wide range where all three mentioned SMAs are resting right now, between 122 and 127.
The AUD/USD exchange rate fell last week to 0.7603. The upper daily Bollinger band stands at 0.7680 while the 100-day SMA is the first support at 0.7550.
The USD/CAD exchange rate finished the week below the 1.29 level. The lower daily Bollinger band at 1.2815 acts as support if additional losses takes place in the first days of the week ahead, while the 20-day SMA at 1.3117 will likely keep moving lower in the days ahead.
The NZD/USD exchange rate is now consolidating gains while it still stands above the 0.72 level and sneakily approaches the 0.73 level. The upper daily Bollinger band stands at 0.7329, while the lower Bollinger band at 0.7206 is not visited since May 11.