EUR/JPY is likely to move further within an uptrend. Look for the break out above 121.55!
USD/CHF: a harmonic pattern
Information is not investment advice
It looks like a bearish “Bat” pattern is forming on the chart of USD/CHF. It means that the pair may probably be able to rise higher, to 78.6%/88.6% Fibo retracements of XA, but a decline will likely start from there. That scenario agrees with the fact that the resistance line from the 2019 highs is located in that area.
GBP/CHF formed a "bullish engulfing" candlestick on the W1. On smaller timeframes, we see a higher low that makes the price action resemble an “Inverse Head and Shoulders” pattern.
It’s simply the question of time before gold price gets to the higher levels…