Forex Trading Tips – 6 Aug, 2015

http://www.myfxguide.com/forex-trading-tips-6-aug-2015/

EUR/USD Intraday:the bias remains bullish.
Stoploss: 1.0845
Our preference: Long positions above 1.0845 with targets @ 1.0935 & 1.0965 in extension.

USD/JPY Intraday:the upside prevails.
Stoploss:124.45
Our preference: Long positions above 124.45 with targets @ 125 & 125.25 in extension.

GBP/USD Intraday:the upside prevails.
Stoploss: 1.556
Our preference:Long positions above 1.556 with targets @ 1.565 & 1.568 in extension.

USD/CAD Intraday:key resistance at 1.321.
Stoploss:1.321
Our preference:Short positions below 1.321 with targets @ 1.3105 & 1.305 in extension.

USD/CHF Intraday:the upside prevails.
Stoploss: 0.9745
Our preference:Long positions above 0.9745 with targets @ 0.9825 & 0.9895 in extension.

AUD/USD Intraday:under pressure.
Stoploss: 0.7365
Our preference:Short positions below 0.7365 with targets @ 0.73 & 0.726 in extension.

GBP/JPY Intraday :the upside prevails.
Stoploss: 194.5
Our preference: Long positions above 194.5 with targets @ 195.25 & 195.6 in extension.

NZD/USD Intraday:key resistance at 0.655.
Stoploss : 0.655
Our preference:Short positions below 0.655 with targets @ 0.649 & 0.647 in extension.

US Oil : Intraday:under pressure.
Stoploss :46.65
Our preference: Short positions below 46.65 with targets @ 44.75 & 44 in extension.

Gold spot Intraday:key resistance at 1097.5.
Stoploss :1097.5
Our preference:Short positions below 1097.5 with targets @ 1080 & 1073 in extension.

Silver spot Intraday:under pressure.
Stoploss:14.74
Our preference:Short positions below 14.74 with targets @ 14.4 & 14.2 in extension.

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

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