USDJPY
USDJPY is in down trend, further fall towards 119.50 to reach the next cycle bottom on 4 hours chart can be expected in a couple of days. Near term resistance is at the down trend line and followed by 121.34, only break above the trend line resistance may signal the reversal to the down trend.
USDCHF
USDCHF is forming a sideways consolidation in a range between 1.2374 and 1.2571. Key support is at 1.2374, break below this level indicate medium term bearish movement is underway, and fall towards 1.2100 level can be expected in the next several days. Key resistance is at 1.2571, only break above this level will signal the resumption of the up trend.
USDCAD
No change in our view, USDCAD is in up trend. Further rise towards 1.1950 to reach the next cycle top on 4 hours chart can be expected in the next several days. Near term support is at 1.1805 and followed by 1.1735, only break below 1.1735 will signal the reversal to the up trend.
AUDUSD
AUDUSD is in correction to the down trend, further rise towards 0.7800 level to reach the next cycle top is still possible in a couple of days. Near term support is at the up trend line and followed by 0.7695, only break below 0.7695 will signal the resumption of the down trend.
EURUSD
EURUSD is forming a sideways consolidation in a range between 1.2865 and 1.3062, key support is at 1.2865, break below this level indicate medium term bearish movement is underway, and further fall towards 1.2600 can be seen. On the other side, if 1.3062 resistance gives way, EURUSD will rise towards 1.3200 level.
GBPUSD
GBPUSD is in correction to the down trend, further fall below 1.9480 previous low can be expected after this correction. Near term support is at 1.9535 and followed by 1.9480, a break below 1.9535 may signal the resumption of the down trend.