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USD/CHF MACD fails to challenge recent highs

USD/CHF could be facing downside pressure as its MACD failed to test recent highs.

A bearish divergence between USD/CHF spot behavior and the MACD over the last few weeks suggests downside vulnerability ahead. Further, the MACD line crossed below its signal line on a 4-hour closing basis, an event that can be interpreted as a bearish omen.

EUR/JPY bull's tired at converging resistances

EUR/JPY has been a one stop shop for the bulls, making a full recovery of the 2016 downside, exceeding this year's opening price and has recently tracked down the 100 dma at 132.34 today having made a previous day's high of 132.27. Today, the cross has made a high of 131.23, so far.
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GBP/JPY back above a key SMA

GBP/JPY back above a key SMA
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