EURUSD ranging more or less in tandem with DXY... break out from the range on the expected short side will result in a strong bear trend. For the moment looking at the stoch values it is a safe to continue the range and go long again.
Bear trend, might become stronger as DXY pivots to bull trend and AUD weakens.
I'm revising the analysis I made on DXY in Oct 2017, LINK (). For the next week the DXY will continue the downward move which can be seen as H&S on the H4. After the coming week the dollar is likely move to an extended bull drive. I thought the bear trend would last a bit longer, but all indications are now for a bull trend about to kick that will last for 2...
EURNOK, GBPNOK, EURSEK and GBPSEK... tend to move in the same direction (USDNOK and USDSEK can also be grouped in the same category), an analysis on each on where best to make the entry is necessary. But they are generally good movers and with high pip value. The spread can be high though and SL should be placed far much further out.
Palladium, as well as the other precious metals particularly Silver and Platinum (as well as Gold) are good for a buy. The inverted H&S on the weekly for silver looks like the price will eventually settle at 20.
Shorting the JPY at this point would be the basic idea. I chose CADJPY as unlike EURJPY which has moved a bit, CADJPY, CHFJPY are ready but haven't yet started the move.
This has been one of the most anticipated and unfortunately somewhat annoying long long wait ... the market moves when it wants to. The short outlook is still in play.
On the weekly it certainly doesn't look like the bull run has ended. But I think GBPCAD is over extended and a significant retracement on the daily is on the offing.