USDCAD
USDCAD is in correction to the up trend. Further fall towards 1.0450 area to reach the next cycle bottom on 4 hours chart is still possible in the next several days. On the other side, USDCAD can be bottoming at 1.0488 on 4 hours chart, key resistance is at 1.0587, a break above this level will confirm the cycle bottom.
USDJPY
USDJPY is in down trend, the rise from 117.15 is treated as consolidation to the down trend, and further fall towards 116.00 area to reach the next cycle bottom on 4 hours chart is still in favor. On the other side, USDJPY can be bottoming at 117.15 on 4 hours chart, key resistance is at 119.47, a break above this level will confirm the cycle bottom.
GBPUSD
GBPUSD topped at 2.0462 on 4 hours chart. Further fall towards 2.0050 area is expected to follow later today. Near term resistance is at 2.0336, only break above this level will signal the reversal to the down trend.
EURUSD
EURUSD formed a short term cycle top at 1.3839. Further fall towards the up trend line to reach the next cycle bottom on 4 hours chart is still possible in a couple of days. Key resistance is at 1.3839, a break above this level will signal the resumption of the up trend.
USDCHF
USDCHF bottomed at 1.1816 on 4 hours chart. Further rise towards 1.2025 area to reach the next cycle top is still possible later today. However, the rise from 1.1816 is treated as correction to the down trend, a break below 1.1816 previous low will signal the resumption to the down trend.
AUDUSD
No changed in our view, AUDUSD bottomed at 0.8446 on 4 hours chart. Further rise towards 0.8650 is expected to follow in the next several days. Near term support is at 0.8446, only break below this level will signal the resumption of the down trend.