USDCHF
USDCHF is testing the price channel resistance, further rise towards 1.2436 to reach the next cycle top on 4 hours chart is possible if the channel resistance gives way. On the other side, the next cycle top is nearing, key support is at 1.2252, a break below this level will confirm the cycle top.
USDCAD
The key support at 1.1729 is broken below, USDCAD topped at 1.1825 on 4 hours chart. Further fall towards 1.1650 can be expected later today. Key resistance is at 1.1825, only break above this level may signal the resumption of the up trend.
EURUSD
EURUSD is in correction to the up trend, further rise above 1.3185 to reach the next cycle top on 4 hours chart is still possible in the next several days. Near term support is at 1.3070, only break below this level may signal the reversal to the up trend.
GBPUSD
No changed in our view, GBPUSD bottomed at 1.9183 on 4 hours chart. Further rise towards 1.9500 level is still possible in the next several days. Near term support is at 1.9183, only break below this level may signal the resumption of the down trend.
USDJPY
USDJPY is in up trend, further rise towards 118.85 to reach the next cycle top on 4 hours chart is still possible later today. Near term support is at the up trend line, and the key support is at 116.97, only break below this level may delay the resumption of the up trend.
AUDUSD
No change in our view, AUDUSD bottomed at 0.7680 on 4 hours chart, further rise towards 0.7850 level to reach the next cycle top on 4 hours chart can be expected in the next several days. Key support is at 0.7680, only break below this level may signal the resumption of the down trend.