Forex Trading Tips – 31 July, 2015

http://www.myfxguide.com/forex-trading-tips-31-july-2015/

EUR/USD Intraday:key resistance at 1.099.
Stoploss:1.099
Our preference: Short positions below 1.099 with targets @ 1.089 & 1.087 in extension.

USD/JPY Intraday:the bias remains bullish.
Stoploss:123.8
Our preference: Long positions above 123.8 with targets @ 124.25 & 124.6 in extension.

GBP/USD Intraday:break of a ST rising trendline support.
Stoploss:1.5645
Our preference: Short positions below 1.5645 with targets @ 1.556 & 1.5535 in extension.

USD/CAD Intraday:the bias remains bullish.
Stoploss: 1.295
Our preference: Long positions above 1.295 with targets @ 1.305 & 1.3095 in extension.

USD/CHF Intraday:under pressure.
Stoploss:0.972
Our preference:Short positions below 0.972 with targets @ 0.9635 & 0.96 in extension.

AUD/USD Intraday:key resistance at 0.7325.
Stoploss: 0.7325
Our preference:Short positions below 0.7325 with targets @ 0.7255 & 0.723 in extension.

GBP/JPY Intraday : under pressure.
Stoploss: 193.9
Our preference:Short positions below 193.9 with targets @ 193 & 192.45 in extension.

NZD/USD Intraday:the downside prevails.
Stoploss :0.6615
Our preference:Short positions below 0.6615 with targets @ 0.656 & 0.654 in extension.

US Oil : Intraday: key resistance at 49.5.
Stoploss : 49.5
Our preference:Short positions below 49.5 with targets @ 47.4 & 46.65 in extension.

Gold spot Intraday:key resistance at 1095.5.
Stoploss : 1095.5
Our preference: Short positions below 1095.5 with targets @ 1080.5 & 1077 in extension.

Silver spot Intraday:under pressure.
Stoploss:14.85
Our preference: Short positions below 14.85 with targets @ 14.6 & 14.47 in extension.

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

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