Today, the CHF has risen up to the strong resistance level. A bounce back is a very probable scenario.
EUR/USD: bearish 'Three Methods' pattern
There's a bearish 'Three Methods', so the price is declining. Also, we've got no any reversal pattern so far, which means the pair is going to test the nearest support at 1.1484 shortly. A pullback from this level could be a starting point for an upward correction.
The pair has been declining since a pullback from the upper 'Window' happened. At the same time, it's likely to have an upward correction in the coming hours. Even so, we should keep an eye on the next support at 1.1484 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.