GBPUSD
GBPUSD is testing the previous high resistance at 1.9824, a break above this level will indicate long term bullish movement is underway, and further rise above 1.9913 (the day high of Jan 23) will be seen. On the other side, if the key resistance at 1.2824 holds, the pair will fall towards 1.9183 (the day low of Mar 5) in the next several days.
EURUSD
EURUSD is in up trend, further rise towards 1.3500 is still possible later today. Near term support is at 1.3405 and followed by the up trend line, from 1.3253 to 1.3339. Only break below the trend line support will signal the reversal to the up trend.
AUDUSD
No changed to our view, AUDUSD is in up trend, and further rise towards 0.8300 to reach the next cycle top on 4 hours chart is still possible later today. Near term support is at the up trend line from 0.7680 to 0.8063, and key support is at 0.8151, only break below this level will signal the reversal to the up trend.
USDCAD
Down trend of USDCAD extended to as low as 1.1379, and more sharply fall towards 1.1300 level is still possible in the next several days. Near term resistance is at down trend line, and as long as the trend line resistance holds, down trend will continue.
USDJPY
No changed in our view, USDJPY is in up trend and further rise towards 120.50 is still possible in a couple of days. Near term support is at the bottom of the price channel. Key support is at 118.43, only break below this level will delay the resumption of the up trend.
USDCHF
USDCHF traded in the rising price channel, further rise towards 1.2354 (the day high of Mar 9) to reach the next cycle top on 4 hours chart can be expected in the next several days. Near term support is at 1.2141, only break below this level will delay the resumption of the up trend.