USDCAD Daily Analysis - December 22, 2016 Forex Analysis

USDCAD continued its upward movement from 1.3080 and the rise extended to as high as 1.3446. Near term support is at the upward trend line on 4-hour chart. As long as the trend line support holds, the uptrend could be expected to continue, and next target would be at 1.3500 area. Key support is at 1.3280, only break below this level could signal completion of the uptrend.

For more short term forex analysis and info visit via USDCAD Daily Analysis - December 22, 2016 . Thanks for your support.

AUDUSD Daily Analysis - December 22, 2016 Forex Analysis

AUDUSD's downward movement from 0.7524 extended to as low as 0.7219. Near term resistance is at 0.7280, as long as this level holds, the downtrend could be expected to continue, and next target would be at 0.7000 area. Key support is at 0.7330, only break above this level could signal completion of the downtrend.

For more short term forex analysis and info visit via AUDUSD Daily Analysis - December 22, 2016 . Thanks for your support.

EURUSD Daily Analysis - December 22, 2016 Forex Analysis

EURUSD moved sideways in a trading range between 1.0352 and 1.0479. As long as 1.0500 resistance holds, the price action in the range could be treated as consolidation of the downtrend and further decline to 1.0200 area is still possible. Only break above 1.0500 resistance could signal completion of the downtrend.

For more short term forex analysis and info visit via EURUSD Daily Analysis - December 22, 2016 . Thanks for your support.