The USD started the day dropping against the Canadian dollar, now on a bullish reversal.
EUR/USD: bullish 'Harami' on the 55 MA
There's a bullish 'Hammer', which has been formed at the last local low. So, the market is likely going to test the 55 Moving Average in the coming hours.
We've got a bullish 'Harami' on the 55 Moving Average. In this case, the pair is likely going to rise in the direction of the upper 'Window' in the coming hours.
Today, the CHF has risen up to the strong resistance level. A bounce back is a very probable scenario.
Euro has started the morning with the correction after reaching a 3-weeks low with bearish potential
It looks like GBP/JPY is finally trying to break out of the recent consolidation. Learn more!
Last week XAU/USD recovered 38.2% of the November decline. However, the advance of gold was limited by the declining 50-period MA on the H4.
GBP/USD has been consolidating between 1.30 and 1.2770 for the past month. The pair met resistance at the resistance line connecting October and November highs.