EURUSD Analysis.
EURUSD’s uptrend from 1.4626 extended to as high as 1.5020. Further rise to test 1.5062 is possible later today. Support is now located at the rising trend line from 1.4626 to 1.4811, as long as the trend line support holds, we’d expect uptrend to continue, however below the trend line support will suggest a minor consolidation is under ways, then pullback to 1.4920-1.4950 is expected to follow.

GBPUSD Analysis.
GBPUSD broke above 1.6741 (Sept 11 high) critical resistance, suggesting that the longer term downtrend from 1.7042 (Aug 5 high) has completed at 1.5708 level already. Further rise is now in favor and next target is to test 1.7042 previous high resistance. Support level is now at 1.6700 followed by 1.6610, as long as these levels hold, uptrend from 1.6262 will continue.

USDCAD Analysis.
USDCAD dropped below 1.0594 support and the fall from 1.0852 extended further to as low as 1.0542 level. Deeper decline to 1.0450-1.0500 area to reach next short term cycle bottom on 4-hour chart is still possible in a couple of days. However, the fall from 1.0852 is more likely correction of uptrend from 1.0206, another rise towards 1.1000 is still possible.

USDJPY Analysis.
USDJPY stays in a trading range between 89.44 and 91.26. Moving sideways in the range is possible later today. Below 89.44 could signal deeper decline towards 88.83 support. On the up side, key resistance is located at 91.26, above this level will suggest that the uptrend from 88.01 has resumed, then another rise towards 94.00 is expected to follow.

USDCHF Analysis.
USDCHF is testing 1.0032 previous low support, break below this level will indicate that the downtrend from 1.1021 (June 24 high) has resumed, then deeper decline could be seen to 0.9900 area. Near term resistance is at falling trend line from 1.0338 to 1.0201, as long as the trend line resistance holds, we’d expect downtrend from 1.0338 to continue.

AUDUSD Analysis.
AUDUSD has reached the previous high resistance at 0.9326, consolidation would more likely be seen before breaking above this level and pullback to 0.9200 is possible. However, a break above 0.9326 will confirm that the longer term uptrend from 0.7703 (July 13 low) has resumed, then another rise towards 0.9500 could be seen.