USDCHF Analysis.
USDCHF stays below a downtrend line on 4-hour chart, and remains in downtrend from 0.9082. As long as the trend line resistance holds, downtrend could be expected to continue, and next target would be at 0.8350 area, only a clear break above the trend line could indicate that the fall from 0.9082 is complete.
AUDUSD Analysis.
AUDUSD remains in uptrend from 0.9390, the fall from 1.0751 is treated as minor consolidation of uptrend. Further rise could be seen after consolidation, and next target would be at 1.0900 area. Support is at 1.0500, as long as this level holds, uptrend will continue.
USDJPY Analysis.
USDJPY remains in downtrend from 77.48. Further fall could be seen in a couple of days, and next target would be at 75.00 area. Key resistance is at 76.47, only break above this level could indicate that the fall from 77.48 is complete.
EURUSD Analysis.
EURUSD remains in uptrend from 1.3146, the fall from 1.4246 is treated as consolidation of uptrend. Support is at 1.3950, as long as this level holds, uptrend could be expected to resume, and another rise towards 1.4500 is possible.
GBPUSD Analysis.
GBPUSD stays above a uptrend line on 4-hour chart, and remains in uptrend from 1.5631. As long as the trend line support holds, uptrend could be expected to continue, and next target would be at 1.6250-1.6300 area. Only a clear break below the trend line could indicate that the rise from 1.5631 is complete.
USDCAD Analysis.
USDCAD’s fall from 1.0656 extended to as low as 0.9891. Further fall could be seen after a minor consolidation, and next target would be at 0.9800 area. Resistance is at 1.0000, as long as this level holds, downtrend will continue.
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