EUR/USD: There is a clear Bearish Confirmation Pattern in the EUR/USD 4-hour chart. The EMA 11 is below the EMA 56, while the Williams' % Range period 20 is constantly in the oversold region. This shows that the pair is weak, though it has come down by only 100 pips this week. Further southward movement is probable.
USD/CHF: This currency trading instrument has traded mainly sideways so far this week, not going above the resistance level at 1.0050 and below the support level at 0.9900. There is bound to be a breakout this week or next, which would take the price below the aforementioned support level or above the resistance level. However, this would be largely determined by whatever happens to EUR/USD later.
GBP/USD: The GBP/USD pair has moved upwards by 215 pips so far this week. This has become a threat to the recent bearish bias, which would be rendered invalid once the market goes above the distribution territory at 1.4150. Some fundamental figures are expected today and they can have impact on the market.
USD/JPY: There is a precarious "buy" signal on the USD/JPY pair, which would make sense only as long as the price does not go below the demand level at 112.00. Since the outlook on the pair is bright, it is more likely that the price would trade further upwards this week or next week.
EUR/JPY: In the first few days of the week, the price went downwards by over 220 pips, almost testing the demand zone at 122.00. Then the price rallied by 220 pips, before coming lower on Wednesday. Here, it is clear that rallies would continue to proffer short-selling opportunities, for the bearish bias is still valid in the EUR/JPY pair. As long as the price does not go above the supply zone at 125.50, the bearish outlook would be invalid.