Today, the CHF has risen up to the strong resistance level. A bounce back is a very probable scenario.
GBP/USD: 'Morning Doji Star' pattern
We've got a 'Morning Doji Star'. Considering confirmation of this pattern, the pair is likely going to reach the closest resistance at 1.2885. If a pullback from this level happens next, there'll be a green light for a decline in the direction of the previously tested support at 1.2473.
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.