EURUSD: Last week EUR/USD fell and rose. It bottomed at 1.2826 and has begun to rise since then. A new long signal is being generated; something that may be taken as more confirmation is gotten.
USDCHF: USD/CHF rose and fell last week, topping at 0.9430. A bearish signal is now being generated and could be taken if the price falls further today. This is the confirmation that is being awaited.
GBPUSD: This pair has been trying to rise from its accumulation zones since last week. The Williams’ % Range is already in the overbought region. It may lead to the pullback in the price. The overall bias remains bearish; but one would need to wait for more confirmation before taking a position.
EURJPY: There is a high probability of a northward journey on the market. If the price goes further north today, it may lead to a bullish confirmation. The supply zone at 102.00 could be easily breached.
USDJPY: Last week this market was consolidating. If there is any recommended position, it would be long. The RSI is above the level 50 while the price itself stays above the EMA 56.