USDCAD
USDCAD is in correction to the up trend, further fall towards 1.0450 area to reach the next cycle bottom on 4 hours chart is expected to follow in the next several days. Up trend will resume after correction and rise above 1.0757 (June 21 high) is expected to follow, a break above 1.0757 level will signal the reversal to the long term down trend.
GBPUSD
GBPUSD is testing the previous high resistance at 2.0377. Further rise towards 2.0500 to reach the next cycle top on 4 hours chart is still possible in the next several days. Near term support is at 2.0182, only break below this level will signal the resumption of the down trend.
EURUSD
No changed in our view, EURUSD bottomed at 1.3609 and rise towards 1.3771 previous high to reach the next cycle top is expected to follow. Key support is at 1.3609, only break below this level will signal the resumption of the down trend.
USDCHF
USDCHF is in consolidation to the down trend. Rise towards 1.2100 area to reach the next cycle top on 4 hours chart is expected to follow in the next several days. Key support is at 1.1960 (July 18 low), a break below this level will signal the resumption of long term down trend.
AUDUSD
No changed in our view, AUDUSD bottomed at 0.8446 on 4 hours chart. Further rise towards 0.8650 is expected to follow in the next several days. Near term support is at 0.8446, only break below this level will signal the resumption of the down trend.
USDJPY
USDJPY is in down trend. The rise from 117.57 is treated as correction to the down trend. Fall below 117.57 is expected to follow after correction. Near term resistance is at 119.47 followed by 120.00, and as long as 120.00 resistance holds, down trend will continue.