AUDUSD
AUDUSD fell from 0.7858 and reached the bottom of the price channel, beak below the channel support may signal the resumption of the down trend, and further decline towards 0.7759 is possible in the next several days. Near term resistance is at 0.7858, break above this level will indicate lengthier correction to the down trend is underway, and further rally towards 0.7895 can be expected.
GBPUSD
Being contained by the previous high resistance at 1.9750, GBPUSD fell from 1.9706, a sideways consolidation is needed before the resumption of the up trend. Near term support is at the bottom of the price channel, and followed by 1.9535 level. Near term resistance is at 1.9706, a break above this level may signal the resumption of the up trend.
EURUSD
EURUSD is bottoming at 1.2865 on 4 hours chart, key resistance is now at 1.2988, and a break above this level may confirm the cycle bottom. Near term support is at 1.2865, only fall below this level may signal the resumption of the down trend.
USDCAD
USDCAD is in down trend, the rise from 1.1644 is treated as in correction to the down trend, and further fall below 1.1644 can be expected in the next several days. Near term resistance is at 1.1802, only break above this level may signal the resumption of the up trend.
USDCHF
Key support at 1.2443 is broken below, USDCHF topped at 1.2528 on 4 hours chart, further fall towards 1.2350 can be expected in the next several days. Key resistance is at 1.2528, only break above this level may signal the resumption of the up trend.
USDJPY
Previous high resistance at 120.71 is broken above, up trend of USDJPY resumes, further rise towards 121.38 (the day high of Dec 5, 2005) can be expected in the next several days. Near term support is at 120.04, only break below this level may signal the reversal to the up trend.