AUDUSD
After a strong bullish run the price was rejected on key zone zone around 0.80 psychological level on the weekly time frame. Following this we have a bearish divergence on the MACD histogram, and the price creates lower lows –

MACD moving averages bearish divergence can be spotted on the H4 chart as well. This is another good sign supporting the bearish expected move. We expect to see a corrective movement towards the first support zone. If the price breaks below it, then we expect the correction to expand further towards next key supportive zone

USDCHF

Key level of 0.95 (Psychological round number) was reached and rejected. This rejection zone acts as a key resistance zone for us. MACD supports the bearish view by creating a bearish divergence on the moving averages of MACD. We see these as signs of a potential bearish correction downside

MACD moving averages bearish divergence can be spotted on the H4 chart as well. This is another good sign supporting the bearish expected move. We expect to see a corrective movement towards the first support zone. If the price breaks below it, then we expect the correction to expand further towards next key supportive zone

 

USDCAD

Bullish divergence on the moving averages of the MACD gives a good indication that the sellers are losing their control. The break and close above the falling resistance line flip the control to the hands of the buyers. We expect the price to provide a corrective movement and the price to push back to the rejection zone.

On the H4 chart the price gains momentum on the bullish side by creating classical three higher highs, higher lows pattern which verifies the bullish view. While the price holds above the key rejection zone, we expect further rallies to take place once this pullback is over.