Today, the CHF has risen up to the strong resistance level. A bounce back is a very probable scenario.
USD/JPY: pair tested upper 'WIndow' once again
The pair tested the upper 'WIndow' once again, but there's no any reversal pattern so far, which means we could have the market a little bit higher in the coming hours. However, if a bearish model forms little later on, there'll be a green light for a downward correction.
There's a 'Harami' pattern, which has been formed at the last local high. In this case, the market is likely going to reach the Moving Averages, which could be a departure point for another bullish price movement.
Euro has started the morning with the correction after reaching a 3-weeks low with bearish potential
Technical analysis of the USD/CAD
After forming a “hammer” candlestick on the D1 on Tuesday, XAU/USD rose to $1,467 and consolidated between this level and $1,461.
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.