Oil prices will likely remain elevated as there are no signs that the Middle East tensions will ease anytime soon.
AUD/CHF may consolidate
Information is not investment advice
On the daily chart of AUD/CHF, the pair is near the resistance at 0.6936. RSI is near the overbought area, Stochastic oscillator is already there. It means that the risks of the fall are high. In the case of the rebound, the pair will move to the support at 0.6878. Rise of the pair may be seen if only it sticks above 0.6936. However, the next resistance is close - 0.6990.
What is the best way to bet on the positive outcome of the Brexit deal? Technically, the GBP has bullish potential versus the JPY.
There are many positive developments in AUD/JPY. Will it be able to continue rising?
NZD/JPY is surviving a period of correction/consolidation within the long-term downtrend.