USDCAD Analysis.
After a sharp drop from 1.0852, USDCAD consolidates in a narrow range above 1.0594. Another fall is expected after consolidation and next target could be at 1.0400 area. Resistance level is now at 1.0735, and key resistance is located at 1.0852, only rise above this level will indicate that the uptrend from 1.0206 has resumed, then another rise towards 1.1000 could be seen to follow.

/

GBPUSD Analysis.
No changed in our view, GBPUSD stays in a trading range between 1.6251 and 1.6692. Moving sideways without trend is still possible in a couple of day. Another fall towards 1.6000 would more likely be seen after consolidation, and a break below 1.6466 level will signal resumption of downtrend. However, a break above 1.6692 will indicate that the longer term downtrend from 1.7042 (Aug 5 high) has completed at 1.5708 level already, then another rise could be seen to retest 1.7042 resistance.

/

USDJPY Analysis.
USDJPY formed a short term cycle bottom at 89.44 level on 4-hour chart. The rise from 89.44 could possibly be resumption of uptrend from 88.01, and one more rise towards 94.00 is still possible in next several days, however, a break above 91.26 is needed to confirm the resumption of uptrend.

/

USDCHF Analysis.
After breaking below the rising price channel support, USDCHF's fall from 1.0338 is treated as resumption of long term downtrend, and the rise from 1.0127 is more likely consolidation of downtrend from 1.0338. Deeper decline is expected after consolidation, and a breakdown below 1.0127 will signal another fall towards 1.0032 previous low.

/

EURUSD Analysis.
EURUSD formed a short term cycle bottom at 14626 level on 4-hour chart and the rise from 1.4626 is treated as resumption of longer term uptrend from 1.3748 (June 16 low), and another rise towards 1.5062 previous high is expected in next several days. Support level is at 1.4770, and resistance is at 1.5000 area.

/

AUDUSD Analysis.
AUDUSD is forming a short term cycle bottom at 0.8916 level on 4-hour chart, key resistance is at 0.9180, a break above this level will confirm the cycle bottom and indicate that the fall from 0.9326 has completed, then another rise could be seen to 0.9500 area.

/