EURUSD remains in downtrend from 1.3993, the rise from 1.3648 could be treated as consolidation of the downtrend. Resistance is now at 1.3735, as long as this level holds, the downtrend could be expected to continue, and next target would be at 1.3600 area. On the upside, a break above 1.3735 resistance will indicate that the downtrend had completed at 1.3648 already, then further rise to 1.3820 area could be seen.
so we expect the market should go higer this week
GBPUSD broke above the downward trend line on 4-hour chart, suggesting that the downtrend from 1.6996 had completed at 1.6731 already. Further rise could be expected and next target would be at 1.6900 area. Support is at 1.6731, only break below this level could trigger another fall to 1.6600 zone.
UDUSD continued its sideways movement in a range between 0.9318 and 0.9408. Key support is at 0.9318, as long as this level holds, the price action in the range could be treated as consolidation of the uptrend from 0.9202, another rise to 0.9500 area is still possible after consolidation. However, a breakdown below 0.9318 support will indicate that the uptrend had completed at 0.9408 already, then the following downward movement could bring price to 0.9000 zone.
USDCHF remains in uptrend from 0.8702, the fall from 0.8959 could be treated as consolidation of the uptrend. Further rise could be expected after consolidation, and next target would be at 0.9000 area. Support is at 0.8880, only break below this level will indicate that the uptrend had completed at 0.8959 already, then deeper decline to 0.8830 area could be seen.