Today, the CHF has risen up to the strong resistance level. A bounce back is a very probable scenario.
EUR/USD: 'Three Methods' pattern
There's a 'Three Methods', so the price is rising. It's likely that the price is going to test the 144 Moving Average. A pullback from this line could be a starting point for a downward correction.
We've got an 'Inverted Hammer', so the price is likely going to reach the upper 'Window'. If a pullback from this level happens next, we're going to have a decline in the direction of the next support at 1.1493.
Euro has started the morning with the correction after reaching a 3-weeks low with bearish potential
Technical analysis of the USD/CAD
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.
After EUR/USD broke the 1.1180/1.1070 range to the downside, it has been trading within the short-term downtrend.