EURUSD: The movement on this pair is yet to be decided. The price is currently between the resistance level at 1.2950 and the support level at 1.2900. One would need to wait for a clearer direction before opening a position.

USDCHF: The price is between the distribution level at 0.9400 and the accumulation territory of 0.9350. There is not a decisive movement yet. Therefore, one would need to wait for a clearer direction before taking a position.

GBPUSD: The SELL signal on the Cable is still valid as the price continues to trade below the EMA 21. The price has tested the support level at 1.6100, and if it is retested again, the next target might be 1.6000.

EURJPY: There is an indication to go long on EUR/JPY. The EMA 11 has crossed the EMA 56 to the upside, though the Williams’ % Range is around the overbought territory. This may cause a minor pullback in the price before the cross continues its upward journey.

USDJPY:  On this market, there has been a buy signal. This was generated as the EMA 11 crossed the EMA 56 to the upside. It seems most JPY pairs now intend to go up. The supply zone at 78.50 could be the next target as the nearest demand zone stands at 78.00.