EUR/USD: The signal on this pair is bearish, but it can be seen that the price is trying to bounce upwards. This is a normal rally in the context of a downtrend, after which the price should dive again, possibly reaching the support line at 1.3550. Meanwhile, this rally should not take the price above the resistance line at 1.3650, so that current bearish signal would be valid.
USD/CHF: The USD/CHF has gone downwards a little after testing the resistance level at 0.8950. The downward movement should be reflected at the support level of 0.8900, so that the bullish momentum would continue to be valid. The price could go upwards again and retest the resistance level at 0.8950. It may break it to the upside, but it is very unlikely that it would go above the great resistance level at 0.9000.
GBP/USD: The GBP/USD pair still shows the determination to go further upwards. It would re-test the distribution territory at 1.7150, and possibly break it to the upside. The Bullish Confirmation Pattern shows that the price has a very high possibility of going upwards. It may reach the distribution territory at 1.7200.
USD/JPY: After forming a bullish signal, this currency trading instrument has experienced a bearish correction which is strong enough to challenge the existing bullish signal. A movement below the demand level at 101.50 could mean the end of the bullish signal.
EUR/JPY: This market is not yet attractive for swing trading (though it looks great for intraday traders and scalpers). For swing trading, one may wait until the current bearish bias is confirmed or the previous bullish bias is restored.
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