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AUDUSD Analysis. Being supported by 0.8238, AUDUSD rebounded from 0.8239 level. Consolidation in a range between 0.8238 and 0.8400 would more probable be seen in a pair of days. As daylong as 0.8477 take holds, another fall to effort 0.8155 hold is due after consolidation, a break beneath this take module suggest that the uptrend from 0.7703 has complete at 0.8477 take already, then the following downtrend module take price back to 0.7900 zone. Key status is at 0.8477, above this take module inform that the uptrend from 0.7703 has resumed, then next target would be at 0.8600-0.8700 area.
USDJPY Analysis. As expected, USDJPY drops to as baritone as 91.94 level. Near term status remains at the bunk abut of the dropping price channel on 4-hour chart, as daylong as the channel status holds, downtrend module continue, and next target is to effort 91.73 (July 13 low) support. Key status is now located at 93.42, only rise above this take module inform that the downtrend from 95.05 has completed.
GBPUSD Analysis. GBPUSD is testing the status of the dropping way line on 4-hour chart. As daylong as the way line status holds, we’d wait downtrend to continue. However, a clear break above the way line status module inform that the downtrend from 1.6623 has complete and further rise to 1.6460 zone could be seen to follow.
EURUSD Analysis. After breaking beneath 1.4207 support, EURUSD rebounded from 1.4177 level. Consolidation in a range between 1.4177 and 1.4330 is possible in a pair of days. As daylong as 1.4405 status holds, we’d wait downtrend to resume and another fall towards 1.4045 previous baritone would more probable be seen. However, above 1.4405 module inform that the uptrend from 1.3748 (June 16 low) has resumed, then further rise towards 1.4600 could be seen to follow.
USDCAD Analysis. USDCAD is moving higher to effort 1.1124 resistance. Consolidation would more probable be seen before breaking above this level, and pullback to 1.0950 is possible later today. Near term hold remains at the rising way line from 1.0718 to 1.0791 now at 1.0880, as daylong as the way line hold holds, we’d wait uptrend from 1.0418 to continue.
USDCHF Analysis. USDCHF failed to effort 1.0714 key status and pulled back from 1.0704 level. Range trading between 1.0530 and 1.0714 is due in a pair of days. As daylong as 1.0714 status holds, we’d wait downtrend to continue and deeper decline to 1.0450-1.0500 area is possible. However, above 1.7014 module inform that the downtrend from 1.0883 has complete at 1.0530 take already, then the following uptrend module take price towards 1.1000 zone.
