EURUSD: EUR/USD is now experiencing some correction, as the price goes below the EMA 21 and the Stochastic falls into the oversold region. The next support target could be 1.2950.
USDCHF: The consolidation on this pair is taking it gradually to the upside as the price threatens to cross the EMA 21 to the upside. The next resistance level in this upside correction could be 0.9350.
GBPUSD: Here the cable is experiencing a vivid pullback, as the Williams’ % Range points to the oversold level and the price attempts to cross the EMA 21 to the downside. The next support level could be at 1.6150.
EURJPY: This cross is currently volatile as the bulls and bears struggle against each other. The Williams’ % Range is almost in the oversold region, yet the bullish bias remains valid.
USDJPY: A valid long signal has already been generated within USDJPY, though, it is also subject to the present equilibrium propensity. If the price can break the resistance level at 79.00, the next target would be at 79.50.
