EUR/USD: In this market, since the EMA 11 is below the EMA 56 and the price action is showing weakness of the market, it would be likelier for the price to keep on going downwards. The upward swing of the Williams’ % Range testifies to the good chance to go short when the price rallies slightly.
USD/CHF:  In this market, since the EMA 11 is above the EMA 56 and the price action is showing stamina of the market, it would be likelier for the price to keep on going upwards. The downward swing of the Williams’ % Range testifies to the good chance to go long when the price falls slightly.
GBP/USD: В In an awesome manner, this market continues to go upwards. It must be noted that the GBP looks stronger than the USD while the EUR looks weaker than it. Sometimes the GBP/USD and the EUR/USD go into negative correlation with each other; and that is no longer a new thing. The price may now reach the distribution territory at 1.6500. It could even break it further upwards.
USD/JPY: Like the EUR/JPY, this pair is also experiencing upswings and downswings, but the probability of the price going up is high. One thing to note: should the price go further higher, the movement is going to be limited.
EUR/JPY: In spite of the upswings and downswings of the price, the bearish outlook on EUR/JPY remains valid. Short-term rallies have been limited in the market and the bears are determined. The demand zone at 141.00 is to be broken to the downside so that the bearish run can continue.В В
