Short Term - October 25, 2006

USDCHF
USDCHF is in down trend, the rise from 1.2548 is treated as in correction to the down trend, and further rise above 1.2704 to reach the next cycle top is still possible in the next couple of days, but the previous high resistance at 1.2768 will more likely be held by the end of this cycle.

EURUSD
EURUSD is in up trend, the fall from 1.2641 is treated as in correction to the up trend, and further fall below 1.2524 to reach the next cycle bottom is still possible in the next couple of days, but the precious low support at 1.2483 will more likely be held by the end of this cycle.
AUDUSD
AUDUSD topped at 0.7613 on 4 hours chart and further fall below 0.7558 to reach the next cycle bottom can be expected in the next couple of days. Key resistance is at 0.7613, only break above this level may signal the resumption of the up trend.
GBPUSD
GBPUSD is in up trend, the fall from 1.8860 stopped at 1.8627, and the pair is bottoming on 4 hours chart. Further rise towards 1.8860 can be expected in the next couple of days.
USDJPY
USDJPY bottomed at 118.04 on 4 hours chart and it is in up trend. Further rise above 119.86 to reach the next cycle top can be expected in the next several days. Key support is at 118.04, only break below this level may signal the resumption of the down trend.
USDCAD
USDCAD is bottoming at 1.1202 on 4 hours chart, key resistance is now at 1.1321, and a break above this level may confirm the cycle bottom. Key support is at 1.1202, a break below this level may signal the reversal to the up trend.