Today, the CHF has risen up to the strong resistance level. A bounce back is a very probable scenario.
USD/JPY: 'Shooting Star' points to correction
There's a 'Shooting Star', so the market is likely going to test the closest support at 110.80. A pullback from this line could be a starting point for another bullish price movement.
We've got a 'Harami' pattern, which has been confirmed enough. So, the price is likely going to test the lower 'Window' (110.80). If a pullback from this level happens next, there'll be a moment to have a bullish price movement in the direction of another resistance.
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.