USDCAD Daily Analysis - November 15, 2016 Forex Analysis

USDCAD's upward movement from 1.3264 extended to as high as 1.3588. Further rise is still possible and next target would be at 1.3800 area. Support levels are at 1.3500 and 1.3460, as long as these levels hold, the uptrend will continue.

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USDJPY Daily Analysis - November 15, 2016 Forex Analysis

USDJPY's upward movement from 101.18 extended to as high as 108.54. Further rise could be expected after a minor consolidation and next target would be at 110.00 area. Support levels are at 106.60 and 105.00, as long as these levels hold, the uptrend will continue.

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AUDUSD Daily Analysis - November 15, 2016 Forex Analysis

AUDUSD broke below 0.7557 support. Further decline could be expected in a couple of days, and next target would be at 0.7400 area. Resistance is at 0.7650, as long as this level holds, the downtrend will continue.

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GBPUSD Daily Analysis - November 15, 2016 Forex Analysis

GBPUSD remains in uptrend from 1.2082, the fall from 1.2673 is likely consolidation of the uptrend. Near term support is 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 next target would be at 1.2800 area. Key support is at 1.2350, only break below this level will indicate that the uptrend had completed at 1.2673 already, then the following downward movement could bring price back to 1.2000 area.

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EURUSD Daily Analysis - November 15, 2016 Forex Analysis

EURUSD's downward movement from 1.1299 extended to as low as 1.0709. Further decline is still possible after a minor consolidation and next target would be at 1.0600 area. Resistance levels are at 1.0840 and 1.0900, as long as these levels hold, the downtrend will continue.

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