Today, the CHF has risen up to the strong resistance level. A bounce back is a very probable scenario.
EUR/USD: another pullback from 144 MA
The 34 Moving Average is acting as resistance, so there's a bearish 'Shooting Star', which has been confirmed. In this case, the market is likely going to test the lower 'Window' (1.1107) within the next few hours.
There's another pullback from the 144 Moving Average, so we've got a 'Shooting Star' pattern. Therefore, we're likely going to have a decline shortly, which means we should watch the next support at 1.1227 as an intraday target.
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.