The JPY is the strongest and the NZD is the weakest. Jump in for the fresh analysis!
EUR/USD: "V-Top" pattern
The main trend is still bullish, but there's a "V-Top" pattern, so the pair is likely going to test the 34 Moving Average in the short term. If a pullback from this line happens little later on, there'll be an opportunity to have another upward price movement.
The price is consolidating. It's likely that the market is going to test the nearest support at 1.2363. This level could be a departure point for a bullish price movement in the direction of the next resistance at 1.2445 - 1.2474.
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Gold has started a remarkable downside correction and stands on the key 23.6% retracement area after a failure to hold the 38.2% retracement area.