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EUR/CHF is trading slightly higher towards resistance area above 1.17 and support given at 1.1610 (27/10/2017 low). Expected to show continued sideways move.

In the longer term, the technical structure has reversed. Strong resistance is given at 1.20 (level before the unpeg). Yet, the ECB's QE programme is likely to cause persistent selling pressures on the euro, which should weigh on EUR/CHF. Supports can be found at 1.0184 (28/01/2015 low) and 1.0082 (27/01/2015 low).

EUR/GBP has broken rising trendline, yet technical structure suggests further short-term bullish momentum. Hourly support is given at a distance at 0.8842 (21/11/2017 low). Next resistance is located at 0.8943 (27/11/2017 high).

In the long-term, the pair has largely recovered from recent lows in 2015. The technical structure suggests a growing upside momentum. The pair is trading above from its 200 DMA. Strong resistance can be found at 0.9500 (psychological level).

AUD/USDis ready to go even lower showing that downside pressures are still lively. Hourly resistance is given at a distance at 0.7897 (13/10/2017 high). Expected to show renewed pressures towards key support at 0.7535 (22/06/2017 low).

In the long-term, the trend is turning positive. Key supports stands at 0.6009 (31/10/2008 low) . A break of the key resistance at 0.8164 (14/05/2015 high) is needed to invalidate our long-term bearish view.

USD/CAD has failed to clear resistance indicating downside risks. Hourly resistance can be found at 1.2837 (21/11/2017 high). Hourly support lies at 1.2667 (10/11/2017 low). Expected to show bearish pressures.

In the longer term, the pair has broken longterm support that can be found at 1.2461 (16/03/2015 low). Strong resistance is given at 1.4690 (22/01/2016 high). The pair is likely to head further lower.

At the end of November, the Euro is feeling very well. A remote possibility of creating a governing coalition in Germany and a strong report published by the European Central Bank supported the main currency pair while the United States of America was celebrating the Thanksgiving Day. The EUR/USD has potential to reach 1.20 and grow higher, unless the news and the German politics throw investors "a curve ball".

Once again, investors have turned to Germany's issue relating to a governing coalition. It's been two months since the parliamentary elections and the Christian Democratic Union of Germany, the party led by Angela Merkel, hasn't been able to strike a deal with any other political line, which didn't get enough seats in Bundestag. Some said that the governing party's political agenda was disappointing; other didn't want to govern in a wrong way. As a result, right now Merkel's CDU is "face to face" with the Social Democratic Party of Germany.

In the past, the SDP said that it had its own political views. Right now, these views are used as conditions that may help to form a coalition with the CDU, but only in case they are met. The conditions include changes of the country's insurance system and other social issues. Merkel is confused: on one hand, the cabinet of ministers really needs this coalition, otherwise the parliament will have to be reelected. However, on the other hand, Merkel has already rejected other parties' conditions, so why switch sides this time?

The report published by the European Central Bank showed that the regulator was no longer focused on the inflation as a major factor for making decision relating to its monetary policy. Investors immediately took these words as another speculations about closing the QE program earlier than it had been expected before. Such conclusions have little in common with the strategy the ECB spoke so many times about, but it's okay for the EUR/USD pair to hit this kind of turbulence.

Hedge funds and the interbank market seem to intend buying the main currency pair. However, a very busy week is ahead, so the instrument will surely "swing" both upwards and downwards.

As we can see at the EUR/USD pair chart, the price has started another uptrend. The current price movement is expected to test the upside border of the current rising channel close to 1.2000 – 1.2020. After testing this area, the trend may transform into a correction towards the support line at 1.1875, which may result in a rebound and a new test of the area between 1.20000 and 1.2020. if the instrument breaks this area, it may continue growing to reach 1.2270.

USD/CHF's technical structure is clearly bearish. The technical structure indicates further downside risks. The pair has failed to hold consistently above the parity. The road is wideopen for further decline.

In the long-term, the pair is still trading in range since 2011 despite some turmoil when the SNB unpegged the CHF. Key support can be found 0.8986 (30/01/2015 low). The technical structure favours nonetheless a long term bullish bias since the unpeg in January 2015.

USD/JPY has broken short-term uptrend channel and strong support located at 111.12 (20/09/2017 low). The road is wide open for further decline. Expected to decline below 111.00.

We favor a long-term bearish bias. Support is now given at 99.02 (10/08/2013 low). A gradual rise towards the major resistance at 125.86 (05/06/2015 high) seems unlikely. Expected to decline further support at 93.79 (13/06/2013 low).

GBP/USD has been trading mixed over the past few days but the technical structure indicates an extension of bullish momentum. Support is given at 1.3027 (06/10/2017 low). Expected to show continued increase above former resistance at 1.3338 (13/10/2017 high).

The long-term technical pattern is reversing. The Brexit vote had paved the way for further decline. Long-term support can be found at 1.1841 (07/10/2017 low). Long-term resistance given around 1.35 is at stake and indicates a long-term reversal in the negative trend. Yet, it is very unlikely at the moment.

EUR/USD is consolidating lower. Hourly resistance is now given at 1.1961 (27/11/2017 high). Hourly support is given at a distance at 1.1554 (07/11/2017 low). Expected to show renewed increase.

In the longer term, the momentum is now turning largely positive. We favour a continued bullish bias. Key resistance is holding at 1.2252 (25/12/2014 high) while strong support lies at 1.0341 (03/01/2017 low).

WTI oil futures are making a corrective move after outperforming in recent weeks. The underlying uptrend is still intact, with prices peaking at 59.02 on November 24 following a recent strong rally off the key 55 level.

Looking at the 4-hour chart, the market has come under increased pressure after breaking below the shorter-period moving average (20-MA). The RSI has broken below 50, suggesting that the bearish momentum could push prices lower towards the key 57 level. This is expected to act as a strong support level.

As long as the market stays above 57 then there is a possibility of a bounce back towards 58.35. Breaching this soft resistance level would see prices re-test the 59.02 peak and then resume the uptrend. Alternatively, a further decline below the important threshold at 57 would see a start of a reversal of the recent upleg from 54.79.

The fact that prices have fallen out of the rising channel does not bode well for the market’s near-term outlook. A daily close below 57 would give the recent sell-off increased momentum to the downside.