EUR/USD: There has been a clean bearish signal on this pair, and as such, it makes sense to seek only short trades this week. Since the pair dropped by over 200 pips last week, leading to more serious bearish pressure, it would not be difficult for the price to reach the support line at 1.3000 this week.
USD/CHF: The run-up that was forced to take place last week had an eventual impact on the market – to the upside. There is now a Bullish Confirmation pattern in the chart. Therefore, it is rationally expected that the price would go further upwards this week, so that the resistance level at 0.9500 would be reached.
GBP/USD: Since the optimism that surrounded GBP/USD has disappeared, the pair has assumed a southward stance. The indicators in the chart have really supported the bearish bias. The price could reach the accumulation territory at 1.5200, whereas there could be some short-term rallies, which are not supposed to take the price beyond the distribution territory at 1.5600
USD/JPY: Here, the bullish outlook that has started has continued to be valid. From the price level of 98.00, the price could easily go upwards towards the psychological level at 100.00. Any pullbacks that could be experienced are expected to be transitory, not going below the demand level at 96.00.
EUR/JPY: Moving by close to 300 pips last week, the cross closed at 128.45. There is already a Bullish Confirmation pattern in the chart and it is expected that the price will go upwards towards the supply zone of 130.00 this week.