USDCAD Daily Analysis - September 13, 2016 Forex Analysis

Being contained by 1.3147 resistance, USDCAD pulled back from 1.3123. However another rise to test 1.3147 resistance is still possible after a minor consolidation. Support is at 1.2980, only break below this level could bring price back to test 1.2763 support.

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USDJPY Daily Analysis - September 13, 2016 Forex Analysis

USDJPY is facing 101.20 support, a breakdown below this level will signal resumption of the downtrend from 104.31, then further decline to test 99.52 support could be seen. Resistance is now at 103.05, only break above this level could trigger another rise towards 106.00.

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AUDUSD Daily Analysis - September 13, 2016 Forex Analysis

Being contained by 0.7489 support, AUDUSD rebounded from 0.7493. However another fall to re-test this support level is still possible after a minor consolidation, below this level will indicate that the uptrend from 0.7144 (May 24 low) had completed at 0.7755 already, then the following downward movement could bring price to 0.7200 zone. Resistance is at 0.7600, only break above this level will signal completion of the downward movement from 0.7731, then further rally to 0.7700 area could be seen.

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GBPUSD Daily Analysis - September 13, 2016 Forex Analysis

Being contained by the support of the price channel on 4-hour chart, GBPUSD rebounded from 1.3235, indicating that the pair remains in uptrend from 1.2865. Another rise to test 1.3480 (Jul 15 high) resistance is possible in a couple of days. On the downside, a clear break below the channel support will signal completion of the uptrend, and the following downward movement could bring price to 1.2900 zone.

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EURUSD Daily Analysis - September 13, 2016 Forex Analysis

EURUSD stays in the upward price channel on 4-hour chart, indicating that the pair remains in uptrend from 1.1123. As long as the channel support holds, the fall from 1.1326 could be treated as consolidation of the uptrend. Further rise could be expected after consolidation, and next target would be at 1.1400 area. Key support is now at 1.1198, only break below this level could trigger another fall to 1.1000 zone.

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