EUR/USD is still bounded in consolidative trading inside tight range below 1.5836. With an intraday top in place, further sideway trading could be seen. Nevertheless, further rally is still in favor as long as 1.5718 minor support holds.
USD/JPY continues to consolidate between 104.98 and 106.47 today. With an intraday low in place, further consolidation could be seen. However, consolidation should be relatively brief as long as 106.47 minor resistance holds.
Cable retreats mildly after edging higher to 2.0006 earlier today. Neverthless, intraday bias remains on the upside as long as 1.9880 minor support holds.
USD/CHF continues to consolidate between 1.0226 and 1.0129 today. With an intraday low in place, further sideway trading could be seen. However, upside of recovery should be limited by 38.2% retracement of 1.0539 to 1.0129 at 1.0286.
USD/CAD's retreat was contained by 1.0143 minor support and rise from 1.0048 resumes again to as high as 1.0226 so far. Correction from 1.0322 should have completed at 1.0322 already and further rise should now be seen to retest this high.
EUR/JPY continues to engage in sideway trading in tight range above 166.08 today. At this point, outlook remains unchanged. Further decline is still in favor as long as 168.13 minor resistance holds.
(Source: Actionforex)
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