Today, the CHF has risen up to the strong resistance level. A bounce back is a very probable scenario.
USD/JPY: market to test upper 'Window'
There's a local 'Shooting Star' pattern, but the Moving Averages acted as support, so we've got a bullish 'Hammer', which hasn't been confirmed yet. In this case, the market is likely going to test the upper 'Window' (112.65) in the coming days. If a pullback from this level happens next, bears will probably try to achieve the closest support at 110.09.
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.