Oil prices will likely remain elevated as there are no signs that the Middle East tensions will ease anytime soon.
USD/JPY: bearish "Shooting Star"
The upper "Window" has acted as resistance, so there's a bearish "Shooting Star". In this case, we're likely going to have a downward correction towards the closest support level.
There're bearish patterns such a "Shooting Star" and a "Harami", which both have been confirmed. So, the pair is likely going to test the Moving Averages, which could be a departure point for a local upward price movement.
GBP/USD is having a third bullish week in a row.
AUD/USD made another attempt to close below the 50-day MA at 0.6845 and this time it was successful.
EUR/AUD formed a "hammer" candlestick on the W1, above the 50-week MA in the 1.6010 area.