Today, the CHF has risen up to the strong resistance level. A bounce back is a very probable scenario.
NZD/JPY rising inside minor correction (ii)
- NZD/JPY rising inside minor correction (ii)
- Next buy target - 77.00
NZD/JPY continues to rise inside the minor corrective wave (ii) which started earlier from the support area lying between the support levels 74.70 (low of the previous minor impulse wave (i) from May, as can be seen below), 74.00 and the lower daily Bollinger Band. NZD/JPY is expected to rise further toward the next buy target at the next resistance level 77.00
Euro has started the morning with the correction after reaching a 3-weeks low with bearish potential
Technical analysis of the USD/CAD
After forming a “hammer” candlestick on the D1 on Tuesday, XAU/USD rose to $1,467 and consolidated between this level and $1,461.
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.