EURUSD: The pair is now clearly bearish as it goes under the EMA 21. The next price target is the support level at 1.2800.
USDCHF: The USDCH has now assumed a bullish bias as it moves above the EMA 21. The resistance level at 0.9400 has been broken to the upside: the next price target is 0.9500.
GBPUSD: The adamant bulls have given up their hold on the Cable, as it yields to gravity. The support level at 1.6150 stands to be tested, and if it is broken downwards, the next target would be at 1.6100.
EURJPY: So far in this week, this cross has fallen by about 160 pips. The psychological level at 100.00 has been broken to the downside and the next target is 99.50.
USDJPY: The sell signal that was generated on the USDJPY is still valid. One entry method is to open a short order as the price rallies to the support level at 78.00.
