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USD/CHF MACD indicates downside pressure

The failure of MACD to test recent highs indicates that USD/CHF could be facing downside pressure soon.

Over the past two weeks, it has become evident that a bearish divergence between USD/CHF spot and the MACD has developed, which typically implies weakness ahead. Additionally on a 4-hour chart, we can see that the MACD line pushed below its signal line, a further bearish forewarning.

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EUR/USD: Attempting to break above hourly 50-MA

The EUR/USD is off the lows, but is struggling to rise above the confluence of the hourly 50-MA and 10-MA located at 1.0875 levels.
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