Forex Trading Tips – 29 July, 2015

http://www.myfxguide.com/forex-trading-tips-29-july-2015/

EUR/USD Intraday:under pressure.
Stoploss: 1.1085
Our preference: Short positions below 1.1085 with targets @ 1.102 & 1.0995 in extension.

USD/JPY Intraday:rebound.
Stoploss:123.3
Our preference:Long positions above 123.3 with targets @ 123.65 & 123.8 in extension.

GBP/USD Intraday:the upside prevails.
Stoploss:1.557
Our preference: Long positions above 1.557 with targets @ 1.5625 & 1.567 in extension.

USD/CAD Intraday: the downside prevails.
Stoploss: 1.2995
Our preference:Short positions below 1.2995 with targets @ 1.2905 & 1.288 in extension.

USD/CHF Intraday:bullish bias above 0.9585.
Stoploss:0.9585
Our preference:Long positions above 0.9585 with targets @ 0.9635 & 0.9675 in extension.

AUD/USD Intraday:the bias remains bullish.
Stoploss: 0.729
Our preference:Long positions above 0.729 with targets @ 0.7355 & 0.738 in extension.

GBP/JPY Intraday :the bias remains bullish.
Stoploss:191.95
Our preference: Long positions above 191.95 with targets @ 193.4 & 193.95 in extension.

NZD/USD Intraday:the upside prevails.
Stoploss : 0.665
Our preference: Long positions above 0.665 with targets @ 0.674 & 0.677 in extension.

US Oil : Intraday:bullish bias above 46.65.
Stoploss :46.65
Our preference: Long positions above 46.65 with targets @ 48.45 & 49 in extension.

Gold spot Intraday:key resistance at 1106.
Stoploss : 1106
Our preference: Short positions below 1106 with targets @ 1086.5 & 1077 in extension.

Silver spot Intraday:key resistance at 14.78.
Stoploss:14.78
Our preference:Short positions below 14.78 with targets @ 14.47 & 14.35 in extension.

Disclaimer: This is a Trading Tip & Investments are Subject to Market Risks.

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