USDCHF has been trending lower on its 1-hour chart, moving inside a descending channel and testing support. Price has formed a bearish flag right at the bottom of the channel around the .9600 major psychological support and might be due for a break lower.
The EUR/USD pair went back and forth during the course of the session on Thursday, as we continue to look very volatile.
The AUDUSD pair broke higher during the course of the session on Thursday, testing the top of the shooting star from the Wednesday session.
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The EURUSD pair broke higher during the course of the day on Tuesday, as we continue to bounce between the 1.11 level on the bottom, and the 1.13 level on the top.
The AUDUSD pair initially fell during the course of the session on Tuesday, but turned back around to find a very positive candle at the outcome.
The GBPUSD pair initially tried to rally but then turned back around to form a rather negative candle.
The EURUSD pair initially tried to rally during the day on Monday, but found far too much in the way of resistance near the 1.13 level.
AUDUSD seems to have bottomed out from its recent long-term selloff, as the pair is starting to trade inside a rising channel on its 1-hour chart. Price recently broke above the double bottom neckline as well, setting its sights on the next potential resistance areas.
USDJPY has been making higher lows and lower highs, creating a symmetrical triangle on its 1-hour time frame. Price just bounced off the triangle resistance and is currently testing support, still awaiting a bounce or a breakdown.
