EURCHF Formed inverted head and shoulders on the 1 Hour timeframe Beside breaking a descending channel since 25 May A positive movement up to 0.96800 could be a confirmed possibility
EURUSD is showing downward momentum With the current state of leaving USD rates unchanged and showing some hawkish tone in the last Fed meeting since then USD is showing strength While for now Euro is showing oversold signals that would favor some profit taking for sellers or waiting for a retracement to jump in the next drop I am expecting price to retrace...
GBPY showing upside potential, Fundamentally 1- GBP Strength showed weakness against Stronger USD but nothing Direct to GBP 2- JPY still showing weakness and no Fundamental reason to change this view Reasons to be Bullish 1- Upward Channel Still not Invalidated ( Could be viewed as invalidated and prices closed below it, a possible reason for less confidence...