USDCAD Daily Analysis - September 26, 2016 Forex Analysis

USDCAD broke above 1.3150 resistance, indicating that the pair is now in uptrend from 1.3000. Further rise to test 1.3248 resistance could be expected after a minor consolidation. Support level is at 1.3090, as long as this level holds, the uptrend will continue.

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USDJPY Daily Analysis - September 26, 2016 Forex Analysis

Being contained by 99.52 support, USDJPY rebounded from 100.09. Further rally would likely be seen over the next several days, and next target would be at 103.00 area. Support is at 100.09, only break below this level could trigger another fall to test 99.52 support.

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AUDUSD Daily Analysis - September 26, 2016 Forex Analysis

AUDUSD is testing the support of the price channel on 4-hour chart. A clear break below the channel support will indicate that the upward movement from 0.7441 had completed at 0.7674 already, then the following downward movement could bring price back to 0.7500 area. On the upside, as long as the channel support holds, the uptrend could be expected to continue, and next target would be at 0.7750 area.

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GBPUSD Daily Analysis - September 26, 2016 Forex Analysis

GBPUSD's downward movement from 1.3445 extended to as low as 1.2914. Further decline to test 1.2865 support is possible in a couple of days. Resistance is located at the downward trend line on 4-hour chart, only a clear break above the trend line resistance could indicate that the downtrend had completed at 1.2914 already, then the following upward movement could bring price back to 1.3300 - 1.3350 area.

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EURUSD Daily Analysis - September 26, 2016 Forex Analysis

EURUSD is forming a sideways consolidation in a range between 1.1123 and 1.1326. 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.

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