USDCHF remains in downtrend from 0.9751, the rise from 0.9174 could be treated as consolidation of the downtrend. Resistance is at the upper line of the downward price channel on 4-hour chart, as long as the channel resistance holds, the downtrend could be expected to resumed, and another fall towards 0.9000 is still possible. On the upside, a clear break above the channel resistance will indicate that the downtrend from 0.9751 had completed at 0.9174 already, then the following upward movement could bring price to 0.9500 zone.
AUDUSD is in consolidation of the downtrend from 1.0582 (Apr 11 high). As long as 0.9317 key resistance holds, the downtrend could be expected to resume, and one more fall towards 0.8500 is still possible. On the upside, a break above 0.9317 resistance will indicate that the downtrend from 1.0582 had completed at 0.8847 already, then the following uptrend could bring price back to 1.0000 zone.
USDCAD is facing 1.0245 support, a breakdown below this level will indicate that the downtrend from 1.0608 has resumed, then further decline to 1.0150 area could be seen. On the upside, as long as 1.0245 support holds, the fall from 1.0445 would possibly be correction of the uptrend from 1.0245, one more rise to 1.0500 area to complete to upward movement is still possible. Resistance is at 1.0355, a break above this level could signal resumption of the uptrend.
USDJPY stays below and downward trend line on 4-hour chart, and remains in downtrend from 101.53, the rise from 95.81 is treated as consolidation of the downtrend. Key resistance is located at the downward trend line, only a clear break above the trend line resistance could signal completion of the downtrend.
EURUSD’s fall from 1.3400 extends to as low as 1.3277. As long as the channel support holds, the fall could be treated as consolidation of the uptrend from 1.2756, and another rise towards 1.4000 is still possible. On the downside, a clear break below the channel support will indicate that the upward movement from 1.2756 had completed at 1.3400 already, then the following downward move could bring price back to 1.3100 zone.
GBPUSD remains in uptrend from 1.5102, the fall from 1.5574 is treated as consolidation of the uptrend. Another rise could be expected after consolidation, and next target would be at 1.5650 area. Support is at 1.5390, only break below this level could bring price back to 1.5200 zone.