USDJPY Daily Analysis - November 3, 2016 Forex Analysis

USDJPY broke below 103.16 support, indicating that the upward movement from 100.08 (Sep 27 low) had completed at 105.53 already. Deeper decline could be expected after a minor consolidation, and next target would be at 101.00 area. Resistance is at 104.25, as long as this level holds, the downtrend will continue.

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AUDUSD Daily Analysis - November 3, 2016 Forex Analysis

AUDUSD is facing 0.7688 resistance, a break of this level will indicate that the downtrend from 0.7734 had completed at 0.7557 already, then the following upward movement could bring price to 0.7800 zone. Support level is at 0.7600, only break below this level could trigger another fall towards 0.7500.

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EURUSD Daily Analysis - November 3, 2016 Forex Analysis

EURUSD remains in uptrend from 1.0851. Further rise is still possible after a minor consolidation and next target would be at 1.1200 area. Support is at 1.1030, only break below this level could signal completion of the uptrend.

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