Today, the CHF has risen up to the strong resistance level. A bounce back is a very probable scenario.
USD/JPY: bearish 'Engulfing'
There's an 'Evening Star', which has been confirmed. Therefore, the market is likely going to test the 34 Moving Average in the short term.
We've got a bearish 'Engulfing', which has been formed on the upper 'Window'. In this case, we're likely going to have a downward correction in the coming hours.
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.