USDCHF Analysis.
USDCHF is facing the support of the lower line of the price channel on 4-hour chart, a clear break below the channel support will indicate that the uptrend from 0.9147 had completed at 0.9455 already, then the following downward movement could bring price to 0.8500 zone. On the upside, as long as the channel support holds, the fall from 0.9455 would possibly be consolidation of the uptrend, one more rise to 0.9550 area to complete the upward movement is still possible.
EURUSD Analysis.
EURUSD breaks above the resistance of the upper line of the price channel on 4-hour chart, suggesting that the downward movement from 1.3451 had completed at 1.3105 already. Further rise could be expected, and next target would be at 1.3350 area. Support levels are at 1.3180 and 1.3105, only break below these levels could trigger another fall towards 1.2900.
AUDUSD Analysis.
AUDUSD is facing 0.9317 resistance again, a break above this level will signal completion of the downtrend from 1.0582 (Apr 11 high), then the following upward movement could bring price to 1.0000 area. On the downside, as long as 0.9317 resistance holds, the sideways movement in a range between 0.8847 and 0.9317 could be expected to continue, and one more fall to re-test 0.8847 support is possible.
GBPUSD Analysis.
GBPUSD breaks above 1.5717 resistance, suggesting that the uptrend from 1.4813 (Jul 9 low) has resumed. Further rise could be seen in a couple of days, and next target would be at 1.5800 area. Support is now located at the upward trend line on 4-hour chart, as long as the trend line support holds, the uptrend from 1.5429 will continue.
USDJPY Analysis.
USDJPY remains in uptrend from 95.81, the fall from 100.22 could be treated as consolidation of the uptrend. Support is located at the lower line of the price channel on 4-hour chart, as long as the channel support holds, the uptrend could be expected to resume, and one more rise to 101.00 is still possible.
USDCAD Analysis.
USDCAD continues its downward movement from 1.0568, and the fall extends to as low as 1.0359. Further decline is still possible, and next target would be at 1.0300 area. Resistance is at 1.0450, only break above this level could trigger another rise towards 1.0700.
