USDCAD Daily Analysis - September 23, 2016 Forex Analysis

USDCAD broke below 1.3100 support, indicating that the uptrend from 1.2822 had completed at 1.3248 already. Further decline could be expected over the next several days, and the target would be at 1.2800 area. Resistance is at 1.3150, as long as this level holds, the downtrend will continue.

For more short term forex analysis and info visit via USDCAD Daily Analysis - September 23, 2016 . Thanks for your support.

USDJPY Daily Analysis - September 23, 2016 Forex Analysis

USDJPY broke below 101.20 support and reached as low as 100.09. Further decline to test 99.52 support is still possible. Resistance is at 102.00, only break above this level will indicate that the downward movement from 104.31 is complete, then further ally to 106.00 area could be seen.

For more short term forex analysis and info visit via USDJPY Daily Analysis - September 23, 2016 . Thanks for your support.

AUDUSD Daily Analysis - September 23, 2016 Forex Analysis

AUDUSD continued its upward movement from 0.7441, and the rise extended to as high as 0.7674. Support is located at the bottom of the price channel on 4-hour chart, as long as the channel support holds, the uptrend could be expected to continue, and further rise to test 0.7731 resistance is possible. Only a clear break below the channel support could signal completion of the uptrend.

For more short term forex analysis and info visit via AUDUSD Daily Analysis - September 23, 2016 . Thanks for your support.

GBPUSD Daily Analysis - September 23, 2016 Forex Analysis

GBPUSD is facing the resistance of the downward trend line on 4-hour chart. As long as the trend line resistance holds, the downtrend from 1.3445 could be expected to resume, and further decline to test 1.2865 support is possible. On the upside, a clear break above the trend line resistance will indicate that the downtrend had completed at 1.2946 already, then the following upward movement could bring price to 1.3400 zone.

For more short term forex analysis and info visit via GBPUSD Daily Analysis - September 23, 2016 . Thanks for your support.

EURUSD Daily Analysis - September 23, 2016 Forex Analysis

EURUSD failed to break below 1.1123 support. Sideways movement in a range between 1.1123 and 1.1326 would likely be seen over the next several days. Support is at 1.1123, a breakdown below this level will signal resumption of the downtrend from 1.1366, then next target would be at 1.1000. Resistance is at 1.1326, only break above this level could trigger another rise towards 1.1400.

For more short term forex analysis and info visit via EURUSD Daily Analysis - September 23, 2016 . Thanks for your support.