After completing the correction to the downside, GBPUSD is forming a new rising wave; in the case of EURJPY, the instrument is about to finish the ascending correctional wave and start a new impulse to the downside.
The major currency pair is barely moving on Wednesday morning; the market is dead calm.
USDCAD is finishing another correction; AUDUSD continues growing within the rising channel, while USDCHF is rebounding from the support level again.
GBPCHF is about to grow within a reversal pattern; BTCUSD is testing the cloud’s upside border, while USDZAR is rebounding from the resistance area.
Brent is still correcting towards 42.42 and may later form one more ascending structure to reach 43.80.
USDJPY may fall to reach 1/8; in the case of USDCAD, there was a “false” breakout of 3/8.