USD/CAD is in a triangle
Oil prices will likely remain elevated as there are no signs that the Middle East tensions will ease anytime soon.
USD/CHF: bearish 'Shooting Star' pattern
Information is not investment advice
There's a bearish 'Shooting Star', which led to the beginning of the current downward correction. Moreover, we've got a 'Tweezers' pattern, which has been confirmed. Thus, it's likely that the market is going to test the next support at 1.0010 by the lower 'Window'. The subsequent pullback from this level could lead to an upward correction towards the nearest resistance at 1.0145.
Galya Svetlova
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AUD/CAD is trying to hold at some important long-term levels. A limited upside is possible from here.
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