USDCHF  

USDCHF turned up much early than we anticipated and closed @ 10795 which was above the open but within prior day's range.  The Hourly Oscillators are bullish but rather weak, so cautious approach is needed. Hourly Trend is Sideways and Daily Trend is Sideways Down, so expect the price to be choppy with an upside bias. We believe that the price might creep higher.  The patterns are pointing higher while 10765 level holds.  We prefer to hold Long while the 10765 level holds or strictly trade only at our levels.

AUDUSD  

AUDUSD closed @ 8130 which was below the open but within prior day's trading range.  The Hourly Oscillators are bearish but weak, so cautious approach is needed. Hourly Trend is Sideways and Daily Trend is Sideways Up, so expect the price to be choppy with a downside bias. We believe once the price gives way to 8055 level it will creep lower.  The patterns are very noisy but pointing lower.  We prefer to hold Short cautiously while 8160 level holds or trade strictly at our levels.

USDCAD  

USDCAD moved as expected but we were hesitant to enter but closed @ 11190 which was well above the open.  The Hourly Oscillators are bullish but reaching over bought, so cautious approach is needed. Hourly Trend is Sideways Up and Daily Trend is Sideways, so expect the price to make higher highs but may be choppy. We believe once the price gives way to 11245 level it will creep higher.  The patterns are pointing higher the price should not breach 11175 and we should at least able to see 11325 level.  We prefer to hold Long while 11175 level holds or strictly trade only at our levels.