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 'High Wave' pattern, which has been confirmed. So, the market is likely going to test the 144 Moving Average, which could be a departure point for another bullish price movement.
We've got a bearish 'Three Methods', so the pair is declining. It's likely that the price is going to continue declining until any bullish pattern forms.
Euro has started the morning with the correction after reaching a 3-weeks low with bearish potential
Technical analysis of the USD/CAD
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.
This week EUR/CHF broke below the 100- and 50-day MAs at 1.0966 and 1.0954 respectively.