Oil prices will likely remain elevated as there are no signs that the Middle East tensions will ease anytime soon.
USD/CHF: developing 'Flag' pattern
Information is not investment advice
There's a 'Double Bottom', which has been confirmed, so the price is rising. However, it seems like we could have a bearish 'Flag' pattern under the Moving Averages. If so, bears are likely going to test the next support at 1.0031 - 1.0008 in the short term. The subsequent pullback from this level could lead to the beginning of an upward correction towards the nearest resistance at 1.0066 - 1.0091.
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.