The USD started the day dropping against the Canadian dollar, now on a bullish reversal.
EUR/USD: upper 'Window' acted as resistance
There's a bearish 'Three Methods' pattern, so the price is declining. It's likely that the market is going to test the next support area, which could be a departure point for an upward correction.
The upper 'Window' acted as resistance, so all the last candles area bearish. There's no any reversal pattern so far, which means we should keep an eye on the nearest support area as an intraday target.
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.