Following a strong move higher that breached through several areas of resistance, the EURUSD is in danger of posting a double top if it fails from current support level.
Kiwi has developed an inverted H&S formation where the head is a prior H&S formation indicated previously in our analysis.
The DXY was our chart of the day last week and it is back in focus today.
It should be no surprise with stocks moving to all time highs the AUDJPY (because of the strong equity markets positive correlation) is following suit.
The last couple sessions the battle around the 1.3070 level in the USDCAD has been fierce. Traders know this is the long term trend line dated from 2012 till present.
The DXY recently came out of an ascending wedge that had developed for the last couple years. Currently, we have a bear flag setting up which points below the 97.00 level.