EURUSD
EURUSD is testing the previous low support at 1.4711, if gives ways, the pair would find support at 1.4600 area. Key resistance is at 1.4966, a break of this level would signal the resumption of the up trend.

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USDCAD
USDCAD is in up trend. The rise from 0.9056 extended to as high as 1.0000, and further rise towards 1.0100 to reach the next short term cycle top is still possible in the next several days. Near term support is at price channel, a break below the channel support will signal the reversal to the up trend.

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USDJPY is in down trend. The fall from 117.93 extended to as low as 107.21. Further fall towards 105.00 is still possible in the next several days. Near term resistance is at the edge of the price channel, and as long as the channel resistance holds, down trend will continue. For long term analysis, USDJPY is in long term bearish movement. Further fall towards 105.00 to reach the next cycle bottom on weekly chart is expected.

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AUDUSD
AUDUSD’s rise from 0.8651 is limited by the down trend line from 0.9068 to 0.8952. Fall towards 0.8500 to reach the next short term cycle bottom is still possible, and a break below 0.8651 previous will confirm such case.

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GBPUSD
GBPUSD broke below 2.0526 key support and topped at 2.0762 on 4 hours chart. Further fall below 2.0352 previous low to reach the next short term cycle bottom is expected to follow, and a break below 2.0515 level will confirm such case. Near term resistance is at 2.0762, only rise above this level will indicate lengthier correction to the down trend.

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GBPUSD
GBPUSD formed a short term cycle bottom at 2.0352. Further rebound towards 2.0843 to reach the next short term cycle top is still possible in the next several days. However, the rise from 2.0352 is treated as correction to the down trend, and fall towards 2.0200 area is still possible after correction. Near term support is at the up trend line from 2.0352 to 2.0526, and key support is at 2.0526, a break below the key support will signal the resumption of the down trend.

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USDCHF
USDCHF is in down trend. The fall from 1.1891 extended to as low as 1.1006. Further fall towards 1.0900 to reach the next short term cycle bottom is still possible in the next several days. Near term resistance is at the price channel, and as long as the channel resistance holds, down trend will continue.

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EURUSD is forming a sideways consolidation to the up trend. Pullback towards 1.4400 to reach the next cycle bottom on daily chart is still possible next week. Near term resistance is at 1.4751, a break above this level will signal the resumption of the up trend, and further rise towards 1.5000 is expected to follow. For long term analysis, EURUSD is in long term bullish movement, and further rise towards 1.6000 to reach the next cycle top on weekly chart can be seen.

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USDJPY
USDJPY is forming a sideways consolidation in a range between 109.12 and 111.74. Further fall towards 105.00 is expected, and a break below 109.12 will signal the resumption of the down trend. Near term resistance is at 111.74, only break above this level will indicate lengthier correction to the down trend.

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AUDUSD
AUDUSD rebounded from 0.8752, and further rise towards 0.9150 area to reach the next short term cycle top is still in favor. Near term support is at 0.8752, and long term key support is at 0.8748, a break below this level will signal the resumption of long term down trend.

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