USDJPY
USDJPY might be forming a short term cycle top at 111.21 level, key support is at 109.46, a break below this level would confirm the cycle top, and further pullback towards 107.21 previous low is expected to follow.
EURUSD
EURUSD is in down trend. The fall from 1.4966 extended to as low as 1.4620, and further fall towards 1.4500 area is expected. Near term resistance is at 1.4784, as long as this resistance holds, down trend would continue.
USDCAD
USDCAD’s up trend remains, and further rise towards 1.0100 to reach the next short term cycle top is still possible in the next several days. Near term support is at 0.9834, a break below this level will signal the reversal to the up trend.
AUDUSD
AUDUSD formed a short term cycle top at 0.8918 level on 4-hour chart. Further fall below 0.8651 previous low is still possible in a couple of days. Near term resistance is at 0.8918, only break of this level would delay the resumption of the down trend.
GBPUSD
GBPUSD formed a short term cycle top at 2.0830 on 4-hour chart. Further fall towards 2.0400 to reach the next short term cycle bottom may be expected. Key resistance is at 2.0830, only break of this level would indicate lengthier correction to the down trend.
USDCHF
USDCHF is moving towards the next short term cycle top and the next cycle top is nearing. Key support is at 1.1096, a break below this level would confirm the cycle top and signal the resumption of the down trend.
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