The markets widely believed the FOMC minutes are likely to reinforce the December liftoff bets. However, charts are screaming something else.
USD/JPY hourly chart - falling channel followed by a possible inverted head and shoulder. PAir has not event taken out its recent high ahead of FOMC minutes.
USD/CHF: the pair saw a breach of double top formation
Gold - Gold is oversold and is flirting with a long term trend line support at USD 1071/Oz. Prices made a bullish pin bar on the daily chart earlier today.
NZD/USD - hourly chart showed an inverted head and shoulder breakout.
GBP/USD - Appears poised for a break above 1.5248