Earlier today, official data showed that the number of employed people in Canada declined by 9,400 in June, missing expectations for a 20,000 rise. Additionally, Canada's unemployment rate rose to 7.1% in June, from 7.0% in the previous month. As a result, the greenback shot up against Canadian dollar and the USD/CAD pair invalidated the breakdown below the medium-term resistance line. What happened at the same time with other currency pairs? What is their current outlook?

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Earlier today, official data showed that the number of employed people in Australia increased by 15,900 in the previous month, beating expectations for an increase of 12,000. Despite this bullish news, the report also showed that Australia's unemployment rate climbed to 6.0% in June from 5.9% in May, missing analysts expectations. These mixed economic reports pushed the Australian dollar lower against its U.S. counterpart and AUD/USD invalidated a breakout above the resistance line. Did this move change the short-term outlook?

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The common currency moved higher against the U.S. dollar after the Federal Reserve said in the minutes of the monetary policy meeting that its stimulus program should end likely in October. As a result, EUR/USD increased to a very important resistance area. What could happen if it stopped currency bulls’ charge?

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Earlier today, the British pound declined against the U.S. dollar after data showed that overall industrial production was down 0.7%, while manufacturing production fell 1.3% in May, missing expectations for a gain of 0.4%. Because of this largest decline since January 2013, GBP/USD hit a fresh July low of 1.7084. Will we see an invalidation of the breakout above the 2009 high in the coming days?

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Earlier today, the Canadian dollar touched session highs against its U.S. counterpart after data showed that Canadian building permits rose 13.8% in May, well above expectations for a 3.1% increase. What impact did these better-than-expected numbers have on USD/CAD? Did they change the pair’s short-term outlook?

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