Forex Trading Tips – 12 Aug, 2015

http://www.myfxguide.com/forex-trading-tips-12-aug-2015/

EUR/USD Intraday: the bias remains bullish.
Stoploss:1.101
Our preference:Long positions above 1.101 with targets @ 1.1115 & 1.1155 in extension.

USD/JPY Intraday:the upside prevails.
Stoploss:124.65
Our preference:Long positions above 124.65 with targets @ 125.55 & 125.85 in extension.

GBP/USD Intraday:under pressure.
Stoploss:1.559
Our preference:Short positions below 1.559 with targets @ 1.551 & 1.548 in extension.

USD/CAD Intraday: the upside prevails.
Stoploss:1.308
Our preference: Long positions above 1.308 with targets @ 1.318 & 1.321 in extension.

USD/CHF Intraday:the bias remains bullish.
Stoploss: 0.98
Our preference:Long positions above 0.98 with targets @ 0.9905 & 0.994 in extension.

AUD/USD Intraday:the downside prevails.
Stoploss:0.7335
Our preference: Short positions below 0.7335 with targets @ 0.721 & 0.7165 in extension.

GBP/JPY Intraday :the bias remains bullish.
Stoploss: 193.95
Our preference: Long positions above 193.95 with targets @ 195.05 & 195.4 in extension.

NZD/USD Intraday:the downside prevails.
Stoploss : 0.656
Our preference:Short positions below 0.656 with targets @ 0.6465 & 0.644 in extension.

US Oil : Intraday:under pressure.
Stoploss : 44.4
Our preference:Short positions below 44.4 with targets @ 42.5 & 41.9 in extension.

Gold spot Intraday: supported by a rising trend line.
Stoploss :1101
Our preference: Long positions above 1101 with targets @ 1126.5 & 1135 in extension.

Silver spot Intraday: bullish bias above 15.08.
Stoploss:15.08
Our preference:Long positions above 15.08 with targets @ 15.55 & 15.65 in extension.

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

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