Oil prices will likely remain elevated as there are no signs that the Middle East tensions will ease anytime soon.
USD/CHF: all Moving Averages broken
Information is not investment advice
All the Moving Averages have been broken. Previously, we had a 'V-Bottom' pattern, which is pushing the pair higher. The main intraday target is the nearest resistance at 1.0009 - 1.0025. If a pullback from this area happens little later on, there'll be a moment for bears to test the closest support at 0.9980 - 0.9969 and the Moving Averages. These levels could be a departure point for another bullish rally.
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.