GBPUSD
GBPUSD is in consolidation to the up trend, pullback below 2.0056 to reach the next cycle bottom on 4 hours chart is still possible in a couple of days. Up trend will resume after consolidation, and a break above 2.0206 previous high will confirm the resumption of the up trend.
USDJPY
USDJPY pulled back from 123.66, sideways consolidation will be seen in a couple of days. Key resistance is at 124.13, a break above this level will signal the resumption of the up trend. Near term support is at 122.75, break below this level will delay the resumption of the up trend.
USDCHF
No changed in our view, USDCHF is in down trend, the rise from 1.2090 is treated as correction to the down trend, further fall towards 1.1993 (April low) is still in favor after correction. Near term resistance is at the down trend line from 1.2426 to 1.2341, as long as the trend line resistance holds, down trend will continue.
USDCAD
USDCAD is in down trend, the rise from 1.0443 is treated as consolidation to the down trend, and a break below 1.0443 will signal the resumption of the down trend. Near term resistance is at the down trend line from 1.0733 to 1.0633, as long as the trend line resistance holds, down trend will continue.
EURUSD
EURUSD is in consolidation to the up trend, pullback below 1.3567 to reach the next cycle bottom on 4 hours chart is still possible in a couple of days. Up trend will resume after consolidation, and a break above 1.3659 previous high will confirm the resumption of the up trend.
AUDUSD
AUDUSD is in consolidation to the up trend, although previous high resistance at 0.8609 is broken above. Pullback towards 0.8500 area to reach the next cycle bottom on 4 hours chart will more likely be seen in the next several days.
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