USDCHF?
The down trend line is broken above, USDCHF is forming a sideways consolidation on 4 hours chart. Further fall below 122.54 previous low support is possible after this consolidation. Key resistance is at 1.2365, only break above this level may signal a reversal of the down trend.
USDJPY?
USDJPY is moving higher to test the price channel. A slightly break above the key resistance at 115.37 is possible later today. The next cycle top on 4 hours chart may appears after breaking above this level.
EURUSD?
The up trend line is broken below, EURUSD is forming a sideways consolidation on 4 hours chart. Further rise above 1.2834 previous high resistance is possible after this consolidation. Key support is at 1.2719, only break below this level may signal a reversal of the up trend.
GBPUSD?
GBPUSD broke above the resistance at 1.8877 (the day high of June 5), further rise toward the next resistance at 1.9024 (the day high of May 17) is possible after a slightly correction. Key support is now at 1.8700, only break below this level may signal a reversal of the up trend.
USDCAD?
USDCAD is forming a sideways consolidation in a range between 1.1221 and 1.1372. Down trend will resume after 1.1221 level is broken below. Key resistance is at 1.1372, a break above this level may label a cycle bottom.
AUDUSD?
The up trend line is broken below, AUDUSD is moving lower to reach to the next cycle bottom on 4 hours chart. Key resistance is at 0.7680, only break above the level may signal the cycle bottom.
