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USDCAD Analysis. Being contained by 1.1124 previous high resistance, USDCAD pulled back from 1.1101 level. Sideways compounding beneath 1.1124 would more probable be seen before breaking above this level. Near term support is located at 1.0966 followed by the rising way line on 4-hour chart now at 1.0900, as long as the way line support holds, we’d expect uptrend to uphold and a fortuity above 1.1124 status module signal further feat towards 1.1400 zone.
AUDUSD Analysis. AUDUSD bacilliform a brief term wheel bottom at 0.8239 verify on 4-hour chart. Range trading between 0.8238 and 0.8477 is expected in a couple of days. Key support is at 0.8238, a fortuity beneath this verify module indicate that the uptrend from 0.7703 has completed, then pullback towards 0.7900 could be seen to follow. However, above 0.8477 module declare that the uptrend from 0.7703 has resumed, and then further uprise is expected to 0.8600 zone.
USDJPY Analysis. USDJPY stays beneath the falling way line on 4-hour chart and remains in downtrend from 95.05. The rebound from 91.94 is more probable compounding of downtrend. As long as the way line status holds, we’d expect downtrend to continue. However, a clear fortuity above the way line status module declare that a brief term wheel bottom is being formed, then lengthier compounding in a range between 91.94 and 93.42 could be seen to follow.
GBPUSD Analysis. GBPUSD breaks above the falling way line on 4-hour chart, suggesting that a brief term wheel bottom has been formed. Further uprise to 1.6450-1.6500 Atlantic to reach the incoming wheel crowning is doable in a couple of days. Key status is at 1.6623, only fortuity above this verify module indicate that the downtrend from 1.7042 has completed at 1.6113 verify already.
EURUSD Analysis. EURUSD continues to advise sideways between 1.4177 and 1.4405. As long as 1.4405 status holds, we’d expect downtrend to uphold and added fall towards 1.4045 previous baritone would more probable be seen. However, above 1.4405 module indicate that the uptrend from 1.3748 (June 16 low) has resumed, then further uprise towards 1.4600 could be seen to follow.
USDCHF Analysis. USDCHF stays in a trading range between 1.0530 and 1.0714. As long as 1.0714 status holds, we’d expect downtrend to continue and deeper decline to 1.0450-1.0500 Atlantic is possible. However, above 1.7014 module indicate that the downtrend from 1.0883 has completed at 1.0530 verify already, then the mass uptrend module verify price towards 1.1000 zone.
