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 still no any reversal pattern so far. At the same time, we've got a 'Three Methods' pattern, so the price is likely going to test the next resistance at 1.1756, which could be a departure point for a downward correction.
We've got a 'Hammer', which has been confirmed. In this case, we should keep an eye on the nearest resistance at 1.1756 as the next bullish target.
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.