08.07.26 Daily ForecastEuro vs. Canadian DollarFX:EURCADJordanWillsonPairs on Watch - EURCAD : We have a solid daily retrace from the highs, 4H impulsive leg breaking the potential bull flag base and now a clear 1H follow through. All I am waiting for here is the 1H to develop a structure with a second base, a move up to the highs on the 15M and look for a risk entry for the short. A great range to play on this pair into the lows with all of the timeframes connecting together nicely. EURUSD : Playing the idea of the DXY selling off from its current value area, I am looking for longs on this pair. We can see a clear 123 descending channel where the 4H is already starting to show its hand, if we get a follow through on the 1H into a continuation on the lower timeframe, I will look for a long and manage into the highs. GBPJPY : This is still sat in a prime area for the sells, but it is important we are not becoming impatient trying to get involved too early. Right now price is sat at a potential V shape, I will be waiting for the 1H to show its hand first and then look for a stack in price and play the insurance entry for the sells. If not, price could break higher full taking out the highs before we get sells later on in the week.