EURUSD's uptrend from 1.4177 extends to as high as 1.4599 level. Further rise is still in favor and next target would be at 1.4650-1.4700 area. Near term support is at 1.4467, as long as this level holds, uptrend will continue. However, a break below 1.4467 level will indicate that a short term cycle top has been formed on 4-hour chart, then deeper decline is expected to follow and target would be at 1.4400 zone.
GBPUSD stays in a rising price channel on 4-hour chart and remains in sort term uptrend form 1.6113. As long as the channel support holds, we'd expect uptrend to continue. Key support is now located at 1.6454, below this level will suggest that a short term cycle top has been formed, then pullback to 1.6250 could be seen to follow.
USDCAD is forming a short term cycle bottom at 1.0673 level on 4-hour chart. Consolidation in a range between 1.0673 and 1.0900 is expected in a couple of days. Key support is now located at 1.0632, below this level will indicate that the downtrend from 1.1723 has resumed.
AUDUSD remains in uptrend from 0.8239 and the rise extends to as high as 0.8667 level. Further rally is still possible to 0.8700 zone later today. Near term support is at 0.8565, as long as this level holds, uptrend will continue. Key support is now located at 0.8528, below this level will suggest that a short term cycle top has been formed, then pullback towards 0.8350 could be seen to follow.
USDCHF's downtrend from 1.0698 extends further to as low as 1.0383 level. Deeper decline is still possible to test 1.0366 (Dec 29, 2008 low) support, a break below this level will signal further fall towards 1.0200 zone. Key resistance is now located at 1.0488, only rise above this level will indicate that the downtrend from 1.0698 has completed.
USDJPY breaks below 91.73 (July 13 low) support. Further fall is still in favor and next target is at 91.00 zone. Near term resistance is at the upper border of the price channel on 4-hour chart, only rise above the channel resistance will take price back towards 93.00 level.