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GBPUSD Analysis. GBPUSD unsuccessful to test 1.6663 status and fell down from 1.6623 level. The pair is forming a short constituent wheel top on 4-hour chart, key support is settled at 1.6375, a fortuity below this take module confirm the wheel top, and signal deeper decline to re-test 1.6275 previous baritone support. attorney status remains at 1.6663, exclusive rise above this take module declare that the downtrend from 1.7042 has completed at 1.6275 take already, then boost rally could be seen to 1.6800-1.6850 area.
USDCAD Analysis. USDCAD’s short constituent downtrend from 1.1124 extends boost to as baritone as 1.0725 level. Deeper decline is still doable alter today and direct is at 1.0650-1.0700 area. Near constituent status is at 1.0805 followed by 1.0865, as long as these levels hold, downtrend module continue.
USDJPY Analysis. Being contained by 95.28 resistance, USDJPY drops from 95.05 level. The pair strength be forming a short constituent wheel top on 4-hour chart. Consolidation between 93.42 and 95.05 is due in a couple of day, and deeper decline to 90.00 regularize could be seen after consolidation.
EURUSD Analysis. EURUSD remains in uptrend from 1.4045 and the start from 1.4375 is aerated as consolidation of uptrend. Further rise to test 1.4447 previous broad status is still doable after consolidation. attorney support is now settled at 1.4200, exclusive start below this take module indicate that a short constituent wheel top has been formed at 1.4375 take and the uptrend from 1.4145 has completed, then the fallowing downtrend module take toll back to re-test 1.4045 support.
USDCHF Analysis. USDCHF rebounded from 1.0553 level. Range trading between 1.0553 and 1.0650 is due in a couple of days. attorney status is at the upper border of the falling toll channel on 4-hour chart. As long as channel status holds, we’d expect downtrend from 1.0883 to resume and another start is still possible.
AUDUSD Analysis. AUDUSD remains in short constituent uptrend from 0.8155. Further rise to test 0.8477 previous broad status is still doable later today. As long as this take holds, we’d expect downtrend to resume, and pullback towards 1.0700 is possible. However, a fortuity above 0.8477 previous broad status module declare that the uptrend from 0.7703 has resumed, then boost rally could be seen to 0.8700 zone.
