USDCAD Daily Analysis - December 16, 2016 Forex Analysis

USDCAD is in uptrend from 1.3080, the fall from 1.3417 could be treated as consolidation of the uptrend. Support is at 1.3200, as long as this level holds, the uptrend will continue, and next target would be at 1.3500 area.

For more short term forex analysis and info visit via USDCAD Daily Analysis - December 16, 2016 . Thanks for your support.

USDJPY Daily Analysis - December 16, 2016 Forex Analysis

USDJPY remains in uptrend from 101.18. As long as 114.73 support holds, the uptrend could be expected to continue, and next target would be at 120.00 area. Only break below 114.73 support could signal completion of the uptrend.

For more short term forex analysis and info visit via USDJPY Daily Analysis - December 16, 2016 . Thanks for your support.

AUDUSD Daily Analysis - December 16, 2016 Forex Analysis

AUDUSD continued its downward movement from 0.7524 and the fall extended to as low as 0.7337. Further decline to test 0.7310 support is possible, a break below this level will signal resumption of the longer term downtrend from 0.7778, then next target would be at 0.7200 area. Resistance is at 0.7450, only break above this level could trigger another rise to 0.7600 zone.

For more short term forex analysis and info visit via AUDUSD Daily Analysis - December 16, 2016 . Thanks for your support.

GBPUSD Daily Analysis - December 16, 2016 Forex Analysis

GBPUSD's downward movement from 1.2774 extended to as low as 1.2376. Further decline could be expected and next target would be at 1.2250 area. Resistance is at 1.2550, as long as this level holds, the downtrend will continue.

For more short term forex analysis and info visit via GBPUSD Daily Analysis - December 16, 2016 . Thanks for your support.

EURUSD Daily Analysis - December 16, 2016 Forex Analysis

EURUSD broke below 1.0462 (Mar 13, 2015 low) support, indicating that the long term downtrend from 1.3993 (May 8, 2014 high) has resumed. Further decline could be expected and next target would be at 1.0200 area. Resistance levels are at 1.0550 and 1.0669, as long as these levels hold, the downtrend will continue.

For more short term forex analysis and info visit via EURUSD Daily Analysis - December 16, 2016 . Thanks for your support.