AUDUSD broke out of the uptrend channel, and make look to fall further to 82.
The pair seems to be supported at the 84 support, with weak bulls coming in.
However, the bears may yet overwhelm the bulls as the fall seems to be greater overall.
If considering to buy, buy with care.
USDJPY remains in range from 108 to 110, and structurally may look to break the 108 support.
Do not attempt to short yet, but wait for the 108 to be broken before looking for entry.
If not broken, we may see bulls rushing in, and we should stay cautious near the 110 resistance.
Overall uptrend remains valid, and the pair continues to rise (represented by the channel).
Within the support range of 1.215, we see 2 candles signalling a drop in the tempo, as it may mean buyers coming in.
We may see a return of the pair to 1.25 resistance; as long as the support is not broken, the uptrend continues to hold true.
EURUSD is observed to have been on an uptrend on the W1 timeframe.
A nice pinbar/ shooting star has formed at the end of this week. The candles look to lack further momentum upwards, and may retrace back to 1.20 or even 1.17 before regaining momentum.
Even with that in mind, it may not be advisable to short in the near term.
0.95 is a significant key support for the pair and the pair should fall to that region easily.
However, the key support will be an area to watch closely as it may signal a rebound for the pair.
As long as the 0.95 level continues to hold, bulls may start to charge in.
AUDUSD has been ranging since the start of June, exhibiting a similar pattern of that in Apr.
The pair seems undecided in the long run, and will observe more.
Meanwhile, a 150 pip range play seems to be more plausible, for now.
USDJPY is held for the 2nd week after an inconclusive week, which saw many dojis and shadows.
The bears seems to be getting ready to charge.
As long as the 112 level holds, USDJPY may be in for a fall.