It looks like a bearish “Bat” pattern is formed on the chart of USD/CHF.
Daily Market Analysis
NZD/USD got rejected from the 200- and 100-day MAs in the 0.6710-0.6995 area.
Technical analysis of CAD/CHF
The Reserve Bank of Australia is expected to cut its Cash Rate from 1.25% to 1% on Tuesday, July 2.
Technical analysis of GBP/CHF
AUD/CAD is consolidating in the narrow range between 0.92 and 0.9160 for the fifth day.
AUD/NZD has been forming a series of lower highs since April. This week the pair settled below the 100-day MA at 1.0500.
Technical analysis of USD/JPY
EUR/NZD made a top in June and went down going through the 50-day MA (1.7035) and the support line from March lows.
USD/ZAR has recently breached down the support line from February lows.
The pair will be affected on the intraday basis by British Inflation Report hearings and US durable goods orders.
Technical analysis of NZD/CHF