EUR/USD: This pair has not performed any significant movements so far this week (just like most popular pairs). However, there could be some serious movement today or tomorrow, which would most probably be in favor of the bulls because the outlook on the pair is currently bullish.
USD/CHF: This pair would find it difficult to go upwards as long as EUR/USD is in a bullish mode. So it is logical to conclude that the movement on USD/CHF would be largely determined by whatever happens to EUR/USD. Any bullish attempts seen here could be a short-selling opportunity.
GBP/USD: There is still a bullish confirmation pattern on the GBP/USD chart, though the price has consolidated so far this week. When a breakout does occur, it is more likely that it would be to the upside since the outlook on the GBP/USD is bullish (which might be true for the rest of the month).
USD/JPY: Since October 15, 2015, the USD/JPY pair has been making some bullish effort. The price has moved upwards by almost 200 pips since then, and now it is testing the supply level at 120.00. The supply level could be easily breached today or tomorrow. In case another supply level at 121.00 is eventually breached, that would mean a strong trending movement.
EUR/JPY: This cross is making slow and gradual bullish effort. It is more likely that the price would continue going upwards, targeting the supply zone at 136.50. The price is above the EMA 11, which itself is above the EMA 56. The RSI period 14 is above the level 50, which means the price has more chances of continuing with its bullish effort.
