USDCAD, “US Dollar vs Canadian Dollar”
On H4, USDCAD keeps forming a downtrend. The pair has formed several reversal patterns near the support level, including a Harami. The signals from the patterns might drive the price into a correction to 1.2920. However, the downtrend still might continue neglecting the signals, aiming at 1.2790.
AUDUSD, “Australian Dollar vs US Dollar”
On H4, the pair has started working off the signal from a Hanging Man pattern. Currently, the price keeps declining to the lower border of the ascending channel. Bouncing off the support line, the pair might develop another ascending impulse. The aim of growth is 0.7490. However, the quotations might return to 0.7385 before resuming growth.
USDCHF, “US Dollar vs Swiss Franc”
On H4, the pair has broken through the lower border of the descending channel and keeps declining. It has formed several reversal patterns near the support level, including a Hammer. The signals from the patterns might currently make the price pull back to 0.8960. Later the quotations might bounce off the resistance level and go on forming the downtrend. However, falling might still continue with no regard to the reversal patterns.
