EURUSD: In this turbulent market, some tact is needed right now. The movement in the price has been in a range, though there is much volatility. It would be sensible to go long only should the price break the resistance line at 1.3600 to the upside or it breaks the support line at 1.3500 to the downside.
USDCHF: In spite of the turbulence in this market as well, the bias is bullish. It is like the trend has been sideways but slightly bullish. When there is a strong move in the market, it is much likely to be towards the north. There is an immediate support level at 0.9100; which should contain bearish threats in the near term.
GBPUSD: The Cable is also experiencing serious volatility at the moment with no clear direction. On a closer look, one would see that the bearish propensity is still a reality, for the bearish outlook is yet to be rendered invalid. It is thus assumed that the price would go further south, probable towards the accumulation territory of 1.5900.
USDJPY: In a new lease of bullish strength, this pair is very near to the supply level of 99.00. Should the current bullish strength hold on, the aforementioned supply level would eventually become a demand level. At the present, there are demand levels at 98.50 and 98.00, which should check the threats of the bears.
EURJPY: The JPY pairs are gradually assuming a bullish bias. Generally, the fundamental figures coming out today would have impact in the markets. The EURJPY is gradually moving towards the supply zone at 134.00. The demand zone of 133.00 is now serving as a check to a possible pullback in the markets.