Forex Trading Tips – 11 Aug, 2015

http://www.myfxguide.com/forex-trading-tips-11-aug-2015/

EUR/USD Intraday:under pressure.
Stoploss:1.101
Our preference: Short positions below 1.101 with targets @ 1.0955 & 1.092 in extension.

USD/JPY Intraday: bullish bias above 124.4.
Stoploss: 124.4
Our preference: Long positions above 124.4 with targets @ 125 & 125.2 in extension.

GBP/USD Intraday: the bias remains bullish.
Stoploss:1.551
Our preference: Long positions above 1.551 with targets @ 1.5605 & 1.5635 in extension.

USD/CAD Intraday:caution.
Stoploss:1.31
Our preference:Short positions below 1.31 with targets @ 1.304 & 1.299 in extension.

USD/CHF Intraday: the bias remains bullish.
Stoploss: 0.979
Our preference:Long positions above 0.979 with targets @ 0.989 & 0.994 in extension.

AUD/USD Intraday: the downside prevails.
Stoploss: 0.7385
Our preference:Short positions below 0.7385 with targets @ 0.73 & 0.7285 in extension.

GBP/JPY Intraday :the upside prevails.
Stoploss:193.7
Our preference: Long positions above 193.7 with targets @ 194.6 & 195.05 in extension.

NZD/USD Intraday: the downside prevails.
Stoploss :0.6595
Our preference: Short positions below 0.6595 with targets @ 0.6525 & 0.65 in extension.

US Oil : Intraday:further advance.
Stoploss : 43.9
Our preference: Long positions above 43.9 with targets @ 45.4 & 46.55 in extension.

Gold spot Intraday:further advance.
Stoploss : 1091.65
Our preference: Long positions above 1091.65 with targets @ 1109.75 & 1115.78 in extension.

Silver spot Intraday: further advance.
Stoploss: 15
Our preference: Long positions above 15 with targets @ 15.53 & 15.66 in extension.

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

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