Today, the CHF has risen up to the strong resistance level. A bounce back is a very probable scenario.
EUR/USD: 144 Moving Average acting as support
The last 'Shooting Star' hasn't been confirmed, but the 144 Moving Average is acting as support. So, if a pullback from the nearest support at 1.1603 happens next, the price is likely going to reach another resistance at 1.1747.
There's a 'Hammer', which has been formed on the Moving Averages. Meanwhile, if a pullback from the upper 'Window' (1.1661) happens next, the market is likely going to achieve the lower 'Window' (1.1603).
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.