AUDUSD breaks below 0.7802 previous low support and reaches as low as 0.7698 level. Further fall could be seen to 0.7000 zone after consolidation. Initial resistance is located at 0.7950, as long as this level holds, down trend will continue.
USDJPY pulls back from 106.53 and reaches as low as 104.93 level. One more rise above 108.02 previous high is still in favor after consolidation. Key support is at 103.49, only fall below this level will signal resumption of downtrend.
USDCAD is testing 1.0819 (Sep 11 high) resistance. Further rise above this level to reach next short term cycle top on 4-hour chart is now in favor after consolidation. Initial support is at 1.0700, as long as this level holds, up trend will continue.
EURUSD breaks below 1.3881 (Sep 11 low) support and reaches as low as 1.3747 level. Deeper decline could be seen to 1.3400 after consolidation. Initial resistance is now located at 1.4100, as long as this level holds, we’d expect downtrend to continue.
GBPUSD’s fall from 1.8668 extends to as low as 1.7551 level. Further fall to test 1.7445 (Sep 11 low) could be seen later today, break down below this level would more likely be seen, and a break of this level will signal deeper decline towards 1.7000 zone.
USDCHF is testing 1.1416 (Sep 11 high) resistance. Further rise above this level would more likely be seen later today, a break of this level will signal resumption of long term up trend, and further rally could be seen to 1.2000 zone.