AUDUSD

AUDUSD fell from 0.7858 and reached the bottom of the price channel, beak below the channel support may signal the resumption of the down trend, and further decline towards 0.7759 is possible in the next several days. Near term resistance is at 0.7858, break above this level will indicate lengthier correction to the down trend is underway, and further rally towards 0.7895 can be expected.

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GBPUSD

GBPUSD is in up trend, further rise towards 1.9750 previous high to reach the next cycle top can be expected in the next several days. Near term support is at 1.9500, only break below this level may signal the reversal to the up trend.

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GBPUSD

GBPUSD rebounded from 1.9260 and reached 1.9606 high last week. Further rise towards 1.9750 previous high can be expected in a couple of days. Near term support is at 1.9420, only break below this level may signal the reversal to the up trend.

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GBPUSD

GBPUSD rose above 1.9454 previous high, further rally towards 1.9750 level to reach the next cycle top on 4 hours chart is possible in the next several days. Near term support is at 1.9316 and followed by 1.9260, only break below 1.9260 may signal the resumption of the down trend.

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AUDUSD

AUDUSD is in correction to the down trend, further rise towards 0.7850 previous high to reach the next cycle top on 4 hours chart is possible later today. Near term support is at 0.7759, a break below this level may signal the resumption of the down trend.

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AUDUSD

AUDUSD is bottoming at 0.7780 on 4 hours chart, key resistance is now at 0.7833, a break above this level may confirm the cycle bottom. Near term support is at 0.7780, only break below this level may signal the resumption of the down trend.

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AUDUSD

The down trend line resistance is broken above, AUDUSD is bottoming at 0.7780 on 4 hours chart. The pair is now in correction of the down trend, and further fall towards 0.7600 can be expected after a slightly correction. Near term resistance is at 0.7850, key resistance is at 0.7977, only break above the key resistance may signal the resumption of the up trend.

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USDCAD

USDCAD is topping at 1.1786 on 4 hours chart, further fall towards the up trend line is possible later today, and a slightly correction will be formed before the resumption of the up trend. Near term support is at the up trend line from 1.1429 to 1.1578, now at 1.1700.

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EURUSD

EURUSD fell below 1.3088 previous low support, further decline towards 1.3051 (the day low of Dec 18) is possible later today, and a slightly break below this level to form another cycle bottom can be expected next week. Near term resistance is at 1.3180, key resistance is at 1.3296, only break above the key resistance may signal the reversal to the down trend.

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USDCHF

USDCHF rebounded from 1.2111 and broke above the key resistance at 1.2267, further rise towards 1.2350 level is still possible later today. Key support is now at 1.2111, only break below this level may signal the resumption of the down trend.

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