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EUR/USD
Previous Day Range	High: 1.3270	Low: 1.3090	Close: 1.3262
Technical Chart	Resistance R-2: 1.3388 R-1: 1.3325	Support S-1: 1.3144 S-2: 1.3027	Forecast High:1.3325 Low: 1.3144
EURUSD is still bounded in tight range below 1.3223 and intraday bias remains neutral. On the upside, sustained break of 38.2% retracement of 1.4246 to 1.2625 at 1.3244 will resume the rebound from 1.2625 and target 61.8% retracement at 1.3627. On the downside, break of 1.2931 minor support will suggest that corrective rise from 1.2625 was already finished and the larger decline from 1.4939 is likely resuming for a new low below 1.2625.

USD/JPY
Previous Day Range	High: 76.91	Low: 76.52	Close: 76.76
Technical Chart	Resistance R-2: 77.20 R-1: 76.98	Support S-1: 76.53 R-2: 76.30	Forecast High: 76.98 Low : 76.53
USD/JPY edges higher to 76.86 as recovery from 76.02 temporary low continues today. Further rebound could be seen to 55 days EMA (now at 77.09) and above. But after all, near term outlook remains bearish as long as 78.28 resistance holds. Whole decline from 79.52 is still in progress. Below 76.02 will resume such fall for a test on 75.56 low.

GBP/USD
Previous Day Range	High: 1.5905	Low: 1.5788	Close: 1.5900
Technical Chart	Resistance R-2: 1.5981 R-1: 1.5941	Support S-1: 1.5824 S-2: 1.5747	Forecast High:1.5941 Low:1.5824
GBP/USD is still bounded in tight range below 1.5882 temporary top and more consolidation might be seen. But again, near term outlook remains cautiously bullish with 1.5641 cluster support intact (38.2% retracement of 1.5234 to 1.5882). Above 1.5882 will target a test on 1.6165 key cluster resistance (61.8% retracement of 1.6746 to 1.5234 at 1.6168). Break will confirm that whole decline from 1.6746 has finished at 1.5234 already. On the downside, below 1.5641 support flip bias back to the downside for 1.5234 support instead.

USD/CHF
Previous Day Range	High: 0.9230	Low: 0.9110	Close: 0.9115
Technical Chart	Resistance R-2: 0.9272 R-1: 0.9194	Support S-1: 0.9074 S-2: 0.9032	Forecast High:0.9194 Low :0.9074
Intraday bias in USD/CHF remains neutral for the moment as consolidation from 0.9114 continues. Again, even in case of another rise, we'd expect upside to be limited by 38.2% retracement of 0.9594 to 0.9114 at 0.9297 and bring fall resumption. As noted before, considering bearish divergence condition in daily MACD, whole rebound from 0.7065 is possibly finished. Break of 0.9065 support will target 0.8567 key support to confirm the bearish case.

AUD/USD
Previous Day Range	High: 1.0823	Low: 1.0702	Close: 1.0804
Technical Chart	Resistance R-2: 1.0897 R-1: 1.0850	Support S-1: 1.0729 S-2: 1.0655	Forecast High:1.0850 Low :1.0729
The Australian Dollar rallied to its highest level in six months versus its US Counterpart after the Reserve Bank of Australia surprised markets, keeping the official cash rate unchanged at 4.25 percent. With the majority of commentators expecting a rate cut, the Aussie Dollar rallied hard for much of the afternoon session reaching an eventual high of 1.0822 against its US Counterpart. Reserve Bank Governor Glenn Stevens went further in a statement to say that global sentiment had generally improved in December with growth remaining close to trend and inflation close to target. This morning sees the Australian Dollar open noticeably higher after an overall positive session currently trading at a rate of 1.0782 against the Greenback. We expect a range today of 1.0720 – 1.08210.

USD/CAD
Previous Day Range	High: 0.9995	Low: 0.9940	Close: 0.9943
Technical Chart	Resistance R-2: 1.0014 R-1: 0.9979	Support S-1: 0.9924 S-2: 0.9904	Forecast High:0.9979 Low :0.9924
USD/CAD remains range bound with a myriad of technical studies providing support between 0.9880 and 0.9965 while a break above 1.0000 is needed to relieve immediate down side pressures. We expect a trading range of 0.9930 and 1.0000.