Oil prices rose on Thursday, June 20, as the US President Donald Trump criticized Iran’s attack on a US surveillance drone.
Daily Market Analysis
On the daily chart of CAD/CHF, the pair is near the resistance of 0.7490.
Technical analysis of EUR/TRY
Investors are cautious ahead of the Fed’s meeting.
There’s a bullish divergence on the daily chart of GBP/USD.
The Japanese yen keeps strengthening versus other currencies as the market remains in the risk-averse mode.
On the daily chart, the pair has been rising.
On H4 of NZD/JPY, the pair rebounded from the low at 70.43 and moved up.
AUD/USD has been falling since the start of 2018. On W1, the pair formed a “Falling three method” candlestick pattern.
Technical analysis of GBP/JPY
The Australian dollar is affected by weak fundamentals and risk aversion.
USD/CAD is another pair that has the potential to make significant moves in the near term.