USDJPY has risen to the top of a price channel that's been going on for many months. Odds are that it will drop from this level.
Moving above the current resistance around 140 could lead to a move up toward 164. More details at SavantFX.com: bit.ly
The primary reason I think AUDUSD will move down is Friday's high volume key reversal that closed below the trend line. There are more details on SavantFX.com .
EURPLN appears to be headed up. The recent down-trend seems to have ended with a doji, followed by an up-week that had high volume and a stochastic buy signal.
EURZAR appears to be at the end of its three-months-long decline. That decline consisted of 12 down-weeks in a row, and may have completed with a hammer candle, followed by an up-week that also gives a stochastic buy signal. Last week's up-week also had higher volume than the previous four weeks.
On the daily and weekly charts there are hammer candles and crossing of stochastics. Similar to NZDCAD, EURNZD had an emotional response to the announcement of the NZ interest rate change because it matched expectations. Then it moved rationally, which is up because NZD is headed down faster than EUR. This created the hammer candles. This "rational" movement (up...