Today, the CHF has risen up to the strong resistance level. A bounce back is a very probable scenario.
USD/JPY: no any reversal pattern so far
There's no any reversal pattern so far. It's likely that the pair is going to reach the upper 'Window' (110.97). A pullback from this level could be a starting point for a decline.
The last bullish 'Three Methods' pushed the price higher. However, we should keep on track the nearest support at 110.53. If a pullback from this level happens next, there'll be a moment to have a new local high.
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!
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.