The EUR traded lower against the USD and closed at 1.1454.
The EUR/USD pair advanced for a second consecutive week, unable, however, to make a relevant bullish breakout and finishing the week right below 1.1460.
Unemployment Change reflects a change in the total number of unemployed Spanish citizens. The indicator growth is usually accompanied with a decrease in the purchasing power of the population, which may have a negative effect on euro quotes.
According to the Analysis, The pair is expected to find support at 1.14297, and a fall through could take it to the next support level of 1.14055. The pair is expected to find its first resistance at 1.14829, and a rise through could take it to the next resistance level of 1.15119.
Previous Day range was 53.2 and Current Day Range is 13.5.
The GBP traded lower against the USD and closed at 1.3075.
GBP/USD running out of steam faded at 1.3217 highs. Brexit Secretary Stephen Barclay and senior government officials are due to discuss alternative arrangements to the Irish backstop this week.
Factory Orders m/m show the changes in the volume of orders for durable and non-durable goods received by US companies in the given month compared to the previous one. This is a composite indicator including new industrial orders for durable and non-durable goods; orders unfilled by the end of a month; shipments (indicating the current sales); total reserves of raw materials and products by the end of the given month.
The indicator growth can have a positive effect on dollar quotes.
The pair is expected to find support at 1.30409, and a fall through could take it to the next support level of 1.30064. The pair is expected to find its first resistance at 1.31111, and a rise through could take it to the next resistance level of 1.31468.
GBP USD previous Day range was 70.2 and Current Day Range is 19.7.
The USD traded bit higher against CAD and closed at 1.3098.
The USD/CAD pair broke below the key 1.3115/20 support area and tumbled to 1.3082, the lowest level since November 7. The pair resumed the move lower that started early January from above 1.3600.
ISM Non-Manufacturing PMI reflects activity in the US service sector in the reporting month. The indicator is based on a survey of representatives from more than 400 companies. Unlike Markit, ISM considers not only private companies but is based on the common NAICS (North American Industrial Classification System) list.
Readings above 50 can have a positive effect on US dollar quotes.
According to the analysis, pair is expected to find support at 1.30582, and a fall through could take it to the next support level of 1.30188. The pair is expected to find its first resistance at 1.31471, and a rise through could take it to the next resistance level of 1.31966.
USD CAD previous day range was 88.9 and current day range is 14.1.