Short Term M.Ayazumer

USDCHF
USDCHF is oversold and the cycle bottom on 4 hours chart is nearing, a slightly correction is needed before the resumption of the down trend, and a break above 1.2092 level may confirm such case. Otherwise, intraday bias remains on the downside and further fall towards 1.1919 previous low is still possible.
USDJPY
USDJPY may be topping at 116.39 on 4 hours chart and further fall to test 115.37 previous low support is possible later today. Key resistance is now at 116.39, a break above this level will delay the resumption of the down trend, and further rise towards 116.80 can be expected.
USDCAD
USDCAD is bottoming on 4 hours chart, and rise above the down trend line resistance may confirm the cycle bottom at 1.1285. Near term support is at 1.1285, and a break below this level may pull price to test 1.1264 previous low support.
AUDUSD
AUDUSD stays in the rising price channel and the up trend remains. Further rise towards 0.7900 level is still possible in the next several days. Near term support is at the price channel, and up trend will contain well inside this channel.
GBPUSD
GBPUSD is overbought and the cycle top on 4 hours chart is nearing, a slightly correction is needed, and a break below the price channel support may confirm such case. Otherwise, intraday bias remains on uptrend and further rise above 1.9554 previous high is still possible later today.
EURUSD
EURUSD is overbought and the cycle top on 4 hours chart is nearing, a slightly correction is needed before the resumption of the up trend, and a break below the price channel support may confirm such case. Otherwise, intraday bias remains on uptrend and further rise towards 1.3300 is still possible in the next several days.