Today, the CHF has risen up to the strong resistance level. A bounce back is a very probable scenario.
AUD/USD: 'Breakaway Gap' led to new low
There's a 'Breakaway Gap', so we've got a new local low. However, it's likely to have a local downward correction in the short term, so we should keep an eye on the previously tested resistance at 0.7024 as a possible target. If a pullback from this level happens next, bears will probably try to reach another support at 0.6947.
Euro has started the morning with the correction after reaching a 3-weeks low with bearish potential
Technical analysis of the USD/CAD
After forming a “hammer” candlestick on the D1 on Tuesday, XAU/USD rose to $1,467 and consolidated between this level and $1,461.
AUD/USD that has settled below the 100-day MA in the 0.6840 area. Learn more!
The earnings season in the United States is still on. This means that stocks of the largest American companies will likely make big moves.