EURUSD

EURUSD is forming a triangle pattern on 4 hours chart and traded in a narrow range between 1.3088 and 1.3199. Key resistance is now at 1.3199, a break above this level may signal the resumption of the up trend. Near term support is at the up trend line from 1.3051 to 1.3088, break below 1.3088 would indicate lengthier consolidation is underway, and further fall below 1.3051 previous low can be expected.

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EURUSD

EURUSD traded in a narrow range between 1.3088 and 1.3175. Near term resistance is at 1.3175, key resistance is at 1.3211, a break above this level may signal the resumption of the up trend. Near term support is at 1.3088, break below this level will indicate lengthier consolidation is underway and delay the resumption of up trend.

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EURUSD

EURUSD is forming a sideways consolidation in a range between 1.3051 and 1.3364. Key resistance is now at 1.3244, further rise towards 1.3364 can be expected after breaking above the key resistance. Near term support is at 1.3140, key support is at 1.3051, and the key support would be held until the end of the consolidation.

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USDCAD

USDCAD topped at 1.1587 on 4 hours chart, and further fall towards 1.1400 level can be expected in a couple of days. Key resistance is at 1.1587, only break above this level may signal the resumption of the up trend.

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GBPUSD

The resistance at 1.9578 is broken above, GBPUSD bottomed at 1.9433 on 4 hours chart, and further rise towards 1.9846 previous high is possible later today. Near term support is now at 1.9433, only break below this level may signal the resumption of the down trend.

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GBPUSD

Previous low support at 1.9463 is broken below, GBPUSD is now in down trend, and further fall towards 1.9350 level is still possible in the next several day. Near term resistance is at 1.9578, as long as this resistance holds, down trend will continue.

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USDJPY

USDJPY is in up trend and further rise towards 118.58 precious high to reach the next cycle top on 4 hours chart is still possible later today. The next cycle top is nearing. Key support is at 117.43, a break below this level may confirm the cycle top.

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USDJPY

USDJPY is moving higher to reach the next cycle top on 4 hours chart, and the cycle top would be coming soon. Near term support is at the up trend line, and key support is at 116.64, only break below this level may signal the reversal to the up trend.

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GBPUSD

GBPUSD is bottoming at 1.9463 on 4 hours chart, key resistance is at 1.9728, a break above this level may confirm the cycle bottom, and further rise towards 1.9846 previous high is still possible in next several days.

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GBPUSD

GBPUSD is testing the key resistance at 1.9728, a break above this level may label the cycle bottom at 1.9463 on 4 hours chart, and further rise above 1.9846 previous high is possible in the next several days.

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