EURUSD: This pair topped at 1.3250, in what could be the high of this week, should the current retracement proves to be protracted. Yet, the outlook on the market remains bullish because the indicators on the chart still support a northward possibility. It may happen that the current retracement would be another opportunity to go long.
USDCHF: The USDCHF pair, though trying to rally at the present, remains in a bearish mode. For the bearish mode to continue to be valid, the support level at 0.9300 ought to be reached this week or next week. There is an immediate resistance level at 0.9400, which could be a check on bullish attempt.
GBPUSD: The cable is also experiencing some bearish retracement, which is not significant since the price is still above the market territory of 1.5300. Should that territory be breached to the downside, there could be another containment to the bears’ interest at the accumulation territory of 1.5250.
USDJPY: On this currency instrument, trading indications have often been unreliable and spontaneous, which may not be favorable to certain intraday strategies unless one is doing swing or position trading. However, the overall bias is currently bullish, for the price is a kind of trading around the market level at 100.00.
EURJPY: This cross has been bullish this week, save for the bearish pull it is currently experiencing (which is something normal). This price topped at 132.50 before retracing lower. This could be the weekly high, should the price fail to retest that supply zone and possibly break it above.