EUR/USD: EUR/USD has been able to maintain its bearish bias, though the volatility in the market is currently low. It is expected that the pair would go towards the support line of 1.3650 again when some strong movement occurs. On a longer term basis, the price would overcome the aforementioned support line and overcome it to the downside.
USD/CHF: USD/CHF has been able to maintain its bullish bias, though the volatility in the market is currently low. It is expected that the pair would go towards the resistance level of 0.9000 again when some strong movement occurs. On a longer term basis, the price would overcome the aforementioned resistance level and overcome it to the upside.
GBP/USD: There is now a kind of clear signal on the Cable. The signal is bullish (the RSI period 14 is above the level 50 and the EMA 11 is now above the EMA 56). The price is currently showing some bullish determination and it may eventually go towards the distribution territory of 1.6400.
USD/JPY: This is also a bullish market, there is a Bullish Confirmation Pattern in the chart. The supply level of 104.50, which was tested a few times last week, stands another chance of being tested again. With the increase in the buying pressure, the currency instrument may even overcome this supply level.
EUR/JPY: This cross is in the bull market, having been moving protractedly upwards in recently. The ultimate accomplishment now is the probability of the price breaching a new high of 143.00 to the upside.
