USDCAD bottomed at 1.004 on 4 hours chart. The rise from 1.1004 extended to as high as 1.1167, and the key resistance at 1.1142 is broken above. The pair is now in up trend, and further rise towards 1.1200 can be expected in a couple of days. Key support is at 1.1004, only break below this level will signal the resumption of the down trend.
EURUSD is in consolidation to the down trend. Further rise towards the top of the price channel to reach the next cycle top on 4 hours chart is still possible later today. However, the pair is in down trend directed by the falling price channel. Decline towards 1.3400 level can be expected after consolidation and a break below 1.3461 previous low will signal the resumption of the down trend.
AUDUSD is in sideways consolidation in a range between 0.8170 and 0.8392. Further rise towards 0.8392 is still possible later today. The key resistance at 0.8392 will more likely be held, and fall towards 0.8170 previous low can be expected after breaking below the up trend line from 0.8170 to 0.8229.
GBPUSD is in down trend. The rise from 1.9762 is treated as consolidation to the down trend. More sharply fall towards 1.9650 area is still possible later today. Near term resistance is at 1.9865 and key resistance is at 1.9999, only break above this level will delay the resumption of the down trend.
USDJPY broke below the price channel support and reached as low as 119.46. More sideways consolidation can be expected in a couple of days. Up trend will resume after this consolidation and a break about the previous high resistance at 120.53 will signal the resumption of the up trend.
USDCHF is in up trend. The fall from 1.2223 is treated as correction to the up trend. Further fall towards the up trend line from 1.2004 to 1.2079 is still possible later today, and the up trend will continue on the trend line support.