Today, the CHF has risen up to the strong resistance level. A bounce back is a very probable scenario.
GBP/USD: all Moving Averages broken
All the Moving Averages have been broken, so the pair is likely going to test the next resistance at 1.3370 - 1.3397. If a pullback from these levels happens next, we should keep an eye on the 89 Moving Average as a target for an upcoming downward correction.
We've got a 'Breakaway Gap', so the market is rising. It's likely that the price is going to achieve the next resistance at 1.3370 - 1.3397. Meanwhile, a pullback from this area could be a starting point for a decline towards the closest support at 1.3314 - 1.3291.
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.