Today, the CHF has risen up to the strong resistance level. A bounce back is a very probable scenario.
USD/JPY: confirmed bullish 'Doji'
There's a bullish 'Doji', which has been confirmed, so the pair is likely going to test the closest resistance at 111.67. If we have a pullback from this level, there'll be a moment to have another decline towards the lower 'Window' (110.94).
There're bullish patterns such a 'High Wave' and an 'Engulfing', so the price is rising. The main intraday target is the next resistance at 111.67, which could be a starting point for a decline in the direction of another support at 110.94.
Euro has started the morning with the correction after reaching a 3-weeks low with bearish potential
Technical analysis of the USD/CAD
The earnings season in the United States is still on. This means that stocks of the largest American companies will likely make big moves.
This week EUR/CHF broke below the 100- and 50-day MAs at 1.0966 and 1.0954 respectively.
After EUR/USD broke the 1.1180/1.1070 range to the downside, it has been trading within the short-term downtrend.