Today, the CHF has risen up to the strong resistance level. A bounce back is a very probable scenario.
EUR/USD: Moving Average acted as support
The 55 Moving Average has acted as support, so the price is rising. At the same time, if a pullback from the nearest resistance at 1.1500 happens next, there'll be a moment to have a downward correction towards the closest support at 1.1426.
There's a bearish 'High Wave', which hasn't been confirmed yet. So, after a short break, the pair is likely going to test the next resistance at 1.1500. The subsequent pullback from this level could lead to a decline in the direction of the Moving Averages.
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.