USDJPY
Key resistance at 119.47 is broken above, USDJPY bottomed at 117.15 on 4 hours chart. 119.70 area is the resistance of the price channel, rise above this area will confirm the resumption of the up trend, and further rally towards 124.13 (June high) is expected to follow. Near term support is at 117.90 and key support is at 117.15, only break below 117.15 will signal the resumption of the down trend.
USDCAD
USDCAD is in correction to the up trend. The fall from 1.0698 extended to as low as 1.0461, further fall towards 1.0425 area to reach the next cycle bottom on 4 hours chart is still possible later today, and the next cycle bottom is nearing. Key resistance is at 1.0587, a break above this level will signal the resumption of the up trend.
GBPUSD
GBPUSD broke below 2.0182 previous low and reached 2.0156 only. The pair might be bottoming at 2.0156 level, key resistance is at 2.0462, a break above this level will confirm the cycle bottom, and rise towards 2.0652 (July high) is expected to follow.
EURUSD
EURUSD is forming a sideways consolidation in a range between 1.3609 and 1.3851. Pullback towards the up trend line to reach the next cycle bottom on 4 hours chart is still possible in a couple of days. Key resistance is at 1.3851, a break above this level will signal the resumption of the up trend.
USDCHF
No changed in our view, USDCHF bottomed at 1.1816 on 4 hours chart. Further rise towards 1.2025 area to reach the next cycle top is still possible later today. However, the rise from 1.1816 is treated as correction to the down trend, a break below 1.1816 previous low will signal the resumption to the down trend.
AUDUSD
AUDUSD broke above 0.8603 previous high and reached as high as 0.8646 so far. Further rise towards 0.8700 to reach the next cycle top on 4 hours chart is still possible later today, and the next cycle top is nearing. Key support is at 0.8512, a break below this level will signal the resumption of the down trend.