USDCHF Analysis.
USDCHF stays in a trading range between 1.0035 and 1.0193. Moving sideways without trend in the range is expected later today. However, the price action from 1.0035 is more likely consolidation of downward trend from 1.0338, another fall towards 0.9900 is still possible after consolidation, and a breakdown below 1.0035 could signal resumption of downtrend.

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GBPUSD Analysis.
GBPUSD broke above 1.6841 and reached as high as 1.6875, suggesting another rally towards 1.7042 (Aug 5 high). Support level is now at 1.6725, as long as this level holds, we'd expect uptrend from 1.6515 to continue.

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AUDUSD Analysis.
AUDUSD is in uptrend from 0.8916. As long as support of rising trend line from 0.8916 to 0.9210 holds, uptrend will continue and next target would be at 0.9500 area. Key support is at 0.9210, only fall below this level will indicate that the rise from 0.8916 has completed.

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EURUSD Analysis.
EURUSD formed a sideways consolidation in a range between 1.4821 and 1.5048. Lengthier consolidation would more likely be seen before breaking above 1.5062 previous high and another fall to test 1.4821 support is still possible later today.

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USDCAD Analysis.
No changed in our view, USDCAD stays in a falling price channel and remains in downtrend from 1.0852. A break below 1.0416 will confirm that the fall from 1.0852 is resumption of long term downtrend, then next target could be seen to 1.0300 zone. However, a clear break above the channel resistance will indicate that the fall has completed at 1.0416 level already.

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USDJPY Analysis.
USDJPY dropped below 89.29, suggesting another fall towards 88.01 previous low, however, rebound could be seen before breaking below this level. Resistance is at the falling trend line from 91.26 to 90.60, above the trend line resistance will indicate that the fall from 92.32 has completed.

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