Today, the CHF has risen up to the strong resistance level. A bounce back is a very probable scenario.
EUR/USD: bearish 'Doji' led to decline
There're bearish patterns such a "Shooting Star" and a "Tower", which both have been confirmed. So, the market is likely going to test the 34 Moving Average, which could be a departure point for another upward price movement.
The last bearish "Doji" has been confirmed, so the price is declining. It's likely that after a short break the pair is going to reach the 144 Moving Average.
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.