EUR/USD: There are mixed signals on this pair; neither the bulls, nor the bears had major victory on it last week. When a predictable bias resumes on the pair, it is more likely that it would go upwards, since the Williams’ Percent Range is in the oversold region, while the EMAs still support the bullish scenario.
USD/CHF: Just like on the EUR/USD, there are mixed signals on this pair, and it may be logical to stay out of the market until there is a clearer confirmation of the next possible bias. The Williams’ Percent Range is in an overbought situation while the EMAs are still in support of the bearish scenario. The price could go downwards.
GBP/USD: Generally, the instrument is in a bullish mode, but that mode has been very limited in nature. Last week, the pair was unable to go beyond the distribution territory at 1.5600, whereas the price must break that territory to the upside before further bullish movement can be possible. The possibility of breaking that territory is high, and should that prove to be possible, the next price target could be the distribution zone of 1.5650.
USD/JPY: The bias here is bullish, and there is a Bullish Confirmation Pattern in the chart. There ought to be further northward journey this week, though it is not going to be an easy attempt. Firstly, it is because the price is not too far from the major supply level at 100.00. Secondly, there could be some pullbacks along the way.
EUR/JPY: This cross moved sideways, became very volatile and later broke upwards. All these happened last week and there is a bullish signal in the chart. Nevertheless, the price may not be able to go upwards more than 200 pips before some significant bearish reversal.