EURUSD: There are pronounced bearish threat on EURUSD in spite of the fact that the bullish outlook is not yet over. The bullish outlook is valid as long as the price stays above the support line of 1.3200. Only a drop below that level would render the current bullish outlook completely invalid.
USDCHF: The USDCHF pair is also having some bullish correction taking place on it. As long as the price stays below the resistance level of 0.9350 (or as long as the price does not breach the EMA 56 to the upside) the bearish scenario is valid. Therefore, it may be assumed that this rally would prove to be short-term.
GBPUSD: The cable is rallying at the present: something that could rightly be called a weak rally in the context of a downtrend. It would be better to open a short trade here, for the indicators on the chart still support a Bearish Confirmation Pattern. Surprisingly, this is in contrast to what EURUSD is doing.
USDJPY: There is a significant reversal on this pair. This happened before the price could touch the demand level at 97.50. The RSI period 14 has crossed the level 50 to the upside, and it would be great to go long as soon as the price goes above the EMA 56 and closes above it.
EURJPY: The cross is also making a bullish attempt, which could jeopardize the chances of a bearish victory. Should the price trade above the market zone at 131.00, then the bearish era is over. The RSI period 14 has given a bullish indication, whereas the price is about to cross the EMA 56 to the upside.