EURUSD: The price has been going down, giving short sellers good trading opportunities. The support level at 1.2850 is being tested, and if it is broken to the downside, the next target could be 1.2800. The RSI 14 period is below the level 50.

USDCHF: It looks like USDCHF has bottomed out. This gives buyers good opportunities to enter at great price levels. The price is above the level at 0.9400, heading for the resistance level at 0.9450. The RSI 14 period is above the level 50.

GBPUSD: Bears rule on the Cable: it has dropped by close to 150 pips this week. There is currently a great struggle between buyers and sellers at the 1.6000 accumulation zone. The price is trying to rally in the near-term, but this may give bears another chance to enter at a better price.

EURJPY:  This cross has come down by more than 180 pips this week. This new bias has been confirmed as the EMA 11 crossed the EMA 56 to the downside. If the price level at 100.70 is broken to the downside, the next target would be 100.00.

USDJPY: This is a complicated market. After a drop in the price that happened earlier this week, the price has continued to move sideways, especially starting from Tuesday. It is advisable to stay out of this market until a clearer signal is generated.