USDCHF Analysis.
Being contained by the resistance of the upper border of the price channel on 4-hour chart, USDCHF pulled back from 0.8945. Key support is now at 0.8795, a break below this level will indicate that the uptrend from 0.8553 had completed at 0.8945 already, then deeper decline towards 0.8553 previous low could be seen. However, as long as 0.8795 support holds, the fall from 0.8945 could possibly be consolidation of uptrend, one more rise towards 0.9000 is still possible after consolidation.
GBPUSD Analysis.
GBPUSD remains in downtrend from 1.6745, the bounce from 1.6147 is treated as consolidation of downtrend. Another fall is still possible later today, and next target would be at 1.6050 area. Resistance is at 1.6325, only break above this level could indicate that a cycle bottom is being formed on 4-hour chart.
EURUSD Analysis.
EURUSD stays in a falling price channel on 4-hour chart, and remains in downtrend from 1.4939. As long as the channel resistance holds, downtrend could be expected to continue, and next target would be at 1.3900 area. Key resistance is at 1.4339, only break above this level will indicate that a cycle bottom had been formed at 1.4048 on 4-hour chart, and the fall from 1.4939 had completed.
USDJPY Analysis.
USDJPY traded in a narrow range between 80.36 and 81.32. Support is at 80.36, below this level will target 79.90 area. Resistance is at 81.32, above this level could trigger another rise towards 83.00 zone.
USDCAD Analysis.
USDCAD has reached the upper border of the price channel on 4-hour chart. Minor consolidation of uptrend from 0.9513 would likely be seen later today. Support is at 0.9680, as long as this level holds, uptrend could be expected to resume, and another rise towards 0.9800 is still possible.
AUDUSD Analysis.
AUDUSD is in downtrend from 1.0888, the bounce from 1.0513 is treated as consolidation of downtrend. Resistance is at 1.0700, as long as this level holds, downtrend could be expected to resume, and another fall towards 1.0400 is possible.
