USDCHF Analysis.
USDCHF stays above a rising trend line on 4-hour chart, and remains in uptrend from 0.8569. As long as the trend line support holds, uptrend could be expected to continue, and next target would be at 0.9150-0.9200 area. On the downside, a clear break below the trend line will indicate that the uptrend from 0.8569 has completed at 0.9067 already, then the following downward movement could bring price to 0.8000 zone.
EURUSD Analysis.
EURUSD is facing 1.3866 resistance, a break above this level will target 1.3950-1.4000 area. However, the rise from 1.3609 would possibly be consolidation of downtrend from 1.4246, one more fall to 1.3400 is still possible after consolidation.
GBPUSD Analysis.
GBPUSD is facing 1.6164 previous high resistance, a break above this level will indicate that the uptrend from 1.5272 has resumed, then further rise towards 1.6300 could be seen. Key support is at 1.5877, only break below this level could indicate that lengthier consolidation of uptrend is underway.
USDCAD Analysis.
USDCAD is in consolidation of uptrend from 0.9891. Pullback to 1.0000 area to reach next cycle bottom on 4-hour chart would likely be seen. Key resistance is at 1.0230, only break above this level could trigger another rise to 1.0350-1.0400 area.
AUDUSD Analysis.
AUDUSD traded in a narrow range between 1.0202 and 1.0445 for several days. One more rise is possible later today, and target would be at 1.0550. Key support is at 1.0202, only break below this level could trigger another fall to 1.0000 zone.
USDJPY Analysis.
USDJPY broke below 77.68 support. Further fall could be seen in a couple of days, and target would be at 77.00 area. Resistance is now at 77.80 followed by 77.95, as long as these levels hold, downtrend will continue.
