Today, the CHF has risen up to the strong resistance level. A bounce back is a very probable scenario.
USD/JPY: 'Shooting Star' on the upper 'Window'
There's a 'Shooting Star', which has been formed on the upper 'Window'. So, it's lime for a downward correction. Meanwhile, if a pullback from the closest support happens next, bulls are likely going to test the 'Window' once again.
We've got a 'Shooting Star', which has been confirmed enough. In this case, the market is likely going to reach the nearest support at 110.57 within the next few hours. Also, the 34 Moving Average could act as support as well.
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.