Forex Trading Tips – 7 Aug, 2015

http://www.myfxguide.com/forex-trading-tips-7-aug-2015/

EUR/USD Intraday: the upside prevails.
Stoploss:1.0875
Our preference: Long positions above 1.0875 with targets @ 1.0945 & 1.0995 in extension.

USD/JPY Intraday: the bias remains bullish.
Stoploss:124.5
Our preference: Long positions above 124.5 with targets @ 125 & 125.25 in extension.

GBP/USD Intraday:under pressure.
Stoploss:1.5565
Our preference:Short positions below 1.5565 with targets @ 1.547 & 1.545 in extension.

USD/CAD Intraday:under pressure.
Stoploss:1.315
Our preference:Short positions below 1.315 with targets @ 1.31 & 1.307 in extension.

USD/CHF Intraday:the bias remains bullish.
Stoploss: 0.976
Our preference:Long positions above 0.976 with targets @ 0.985 & 0.9895 in extension.

AUD/USD Intraday:the upside prevails. 
Stoploss: 0.7335
Our preference:Long positions above 0.7335 with targets @ 0.739 & 0.743 in extension.

GBP/JPY Intraday : under pressure.
Stoploss: 194.1
Our preference:  Short positions below 194.1 with targets @ 193 & 192.5 in extension.

NZD/USD Intraday:rebound.
Stoploss :0.652
Our preference: Long positions above 0.652 with targets @ 0.6575 & 0.6615 in extension.

US Oil : Intraday: under pressure.
Stoploss : 45.8
Our preference: Short positions below 45.8 with targets @ 44 & 43.45 in extension.

Gold spot Intraday:capped by a negative trend line.
Stoploss :1094
Our preference:Short positions below 1094 with targets @ 1082.5 & 1080 in extension.

Silver spot Intraday:key resistance at 14.74.
Stoploss: 14.74
Our preference: Short positions below 14.74 with targets @ 14.47 & 14.4 in extension.

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

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