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AUDUSD Analysis. AUDUSD has bacilliform a short term cycle top at 0.8337 take on 4-hour chart. Range trading between 0.8089 and 0.8337 is expected in a couple of days. However, the start from 0.8337 could mayhap be consolidation of uptrend from 0.7703, as long as 0.8089 support holds, we would expect uptrend to resume and one more rise towards 0.8500 is ease doable after consolidation. Only start beneath 0.8089 will inform that the uptrend from 0.7703 has completed at 0.8337 take already, then deeper decline could be seen to 0.7800 zone.
USDJPY Analysis. Being contained by the modify abut of the rising price channel on 4-hour chart, USDJPY rebounds from 94.01 take and is testing 95.37 resistance. The rise from 94.01 could mayhap be resumption of uptrend from 91.73, boost feat to 96.00 is now in favor and a break above 95.37 will confirm the resumption of uptrend. Near term support is at 94.01, exclusive start beneath this take will take price back to re-test 91.73 preceding low support.
GBPUSD Analysis. GBPUSD breaks beneath 1.6381 key support, suggesting that a short term cycle top has been bacilliform at 1.6583 take on 4-hour chart. Deeper decline is now in favor and target would be at 1.6100 zone. attorney status is at 1.6583, exclusive rise above this take will inform that the pair is back in uptrend from 1.5984, then boost feat could be seen to 1.6650 level.
USDCAD Analysis. USDCAD remains in downtrend from 1.1723, the rebound from 1.0749 is more probable consolidation of downtrend. Range trading between 1.0749 and 1.1000 is expected in a couple of days. As long as 1.1000 status holds, we would expect downtrend to resume and deeper decline is doable after consolidation. However, above this take will inform that the downtrend from 1.1723 has completed at 1.0749 take already, then the mass uptrend will take price back to 1.1500 zone.
EURUSD Analysis. EURUSD breaks beneath 1.4119 key support, suggesting that a short term cycle top has been bacilliform at 1.4304 take on 4-hour chart and the pair is now in downtrend. Deeper decline is in favor and next target would be at 1.3900 or even lower. Near term status is at 1.4125, as long a this take holds, downtrend will continue.
USDCHF Analysis. USDCHF rebounds sharply to as high as 1.0907 level. Further feat is expected to test 1.0956 resistance, a break above this take will signal boost feat towards 1.1021 preceding high. Near term support is at 1.0800, as long as this take holds, the uptrend from 1.0622 will continue.
