A look around the charts.

The markets are quiet. Little is happening as traders await the next move. So here is a quick summary of what I see in some of the major pairs.

EURUSD. The price has been holding above the 50% of the days range and the 200 hour MA (green line). Stay above and it is bullish for the pair.

GBPUSD: Up and down over the last few days. The bias is bullish after holding the trend line support earlier today. Now approaches the topside trend line at the 1.5661 area/ A move above is needed to keep the bulls in charge.

USDJPY: The USDJPY held the 100 hour MA earlier in the day (blue line) and has moved below trend line support lines. The bias is bearish below the 100 hour MA (at 79.07). The 200 day MA is at 70.04. This is also bearish.

USDCAD; The low from July at 1.0099 and the 200 day MA at 1.0105 have held support. Buyers have stalled the decline but the move higher is limitied. Stay below 50% at 1.01215 and the bears in control. 100 day MA (blue line) is the next target at the 1.0071.

AUDUSD; The AUDUSD is bullish having moved above and away from the 200 day MA (at 1..0277) . The price is stalled at the 61.8% of the move down from the Feb high, but a move above (at 1.0367) and the momentum should continue.

USDCHF: The USDCHF price fell below the 100 and 200 hour MA today at the 0.9806 and the 0.9795 levels respectively. Stay below and the bias is down. Move below the trend line extending up from the June 29th low at the 0.9777 level and momentum down should increase.