Today, the CHF has risen up to the strong resistance level. A bounce back is a very probable scenario.
AUD/USD reversed from resistance zone
- AUD/USD reversed from resistance zone
- Next sell target - 0.7640
AUD/USD recently reversed down from the resistance zone lying between the resistance level 0.7800, upper daily Bollinger Band and the 38.2% Fibonacci correction of the downward impulse C from the middle of February. AUD/USD is expected to fall toward the next sell target at the next support level 0.7640 (low of the previous intermediate ABC correction (2)).
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.