EUR/USD: The EUR/USD is in a long-term downtrend, and as a result of this, the price is expected to trend further downwards. The price is currently trading below the support line at 1.3000, and the next target could be the support line at 1.2950. This is a weak market.
USD/CHF: In an opposite manner towards the EUR/USD, the USD/CHF has been trading upwards so far. This is a strong market, and the price has been going towards the resistance level at 0.9500. It is expected that this level would be breached eventually.
GBP/USD: The bias on the Cable is bearish, and it would continue to be so until there is a clear change in the trend. The price has lost the temporary gains it tried to gather at the beginning of this week. Being below the accumulation territory of 1.5000, the next place for the price to reach might be the accumulation zone of 1.4950.
USD/JPY: The bullish trend on this pair is now particularly strong. Here, the market can only make a series of higher highs and lower highs. There is now a real struggle around the market level of 94.00, but the bull is expected to come out triumphantly, for the level would be breached to the upside.
EUR/JPY: This cross goes on to trade in a tight range. There must be a break out of the current tight range before the next price target could be deemed. It is either the bulls win when the price breaks the supply zone at 122.00 to the upside or the bears win when the price breaks the supply zone at 121.00 to the downside. As the price consolidates to the upside, the probability seems to be in favour of the buyers.