EURUSD: The EURUSD pair was slightly corrected to the downside yesterday - albeit in a context of a near-term uptrend. The price is now around the resistance level at 1.2550 which should do some job in checking further downward moves.
USDCHF: As for this pair, the bearish hegemony still holds as the price hovers around the level at 0.9950. This is a precarious situation, and the bears still have some strength in it. The level of 0.9550 is yet not a lofty aim (it is an easy target).
GBPUSD: The cable was still able to maintain its northbound tendency; though in a rangebound mode. The great resistance level at 1.5900 was further tested a few times on Tuesday. If this level is breached, the price might rise further.
EURJPY: The EURJPY cross has so far traded sideways between the resistance line at 99.00 and the support line at 98.50. This support lines have done a great job resisting further southward threat. There is a long signal here.
USDJPY: On Tuesday, there were several futile attempts by the bulls to push the price higher as the price failed to reach the supply zone at 78.50. I still expect the price to go to the south as the recalcitrant USD might weaken further.
