Today, the CHF has risen up to the strong resistance level. A bounce back is a very probable scenario.
USD/JPY: 'Inverted Hammer' on 34 Moving Average
There's a 'Shooting Star', which has been confirmed enough. In this case, the price is likely going to test the 34 Moving Average. If a pullback from this line happens little later on, there'll be an opportunity to have a new local high.
We've got an 'Inverted Hammer' on the 34 Moving Average, so the market is likely going to achieve the nearest resistance area. A pullback from it could be a departure point for a decline towards the 89 Moving Average.
Euro has started the morning with the correction after reaching a 3-weeks low with bearish potential
Technical analysis of the USD/CAD
AUD/USD that has settled below the 100-day MA in the 0.6840 area. Learn more!