Today, the CHF has risen up to the strong resistance level. A bounce back is a very probable scenario.
USD/JPY: 34 MA acting as support
The price is approaching the nearest important support at 110.82 by the last 'Window'. If a pullback from this level happens little later on, we're going to have a bullish price movement towards the nearest resistance at 111.82.
The 34 Moving Average is acting as support. The main intraday target is the closest support at 110.82. A pullback from this level could be a departure point for another bullish rally.
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.