Forex Trading Tips – 13 Aug, 2015

http://www.myfxguide.com/forex-trading-tips-13-aug-2015/

EUR/USD Intraday: the bias remains bullish.
Stoploss:1.109
Our preference: Long positions above 1.109 with targets @ 1.1215 & 1.127 in extension.

USD/JPY Intraday:under pressure.
Stoploss: 124.7
Our preference:Short positions below 124.7 with targets @ 123.8 & 123.5 in extension.

GBP/USD Intraday:the upside prevails.
Stoploss:1.554
Our preference:Long positions above 1.554 with targets @ 1.5675 & 1.571 in extension.

USD/CAD Intraday: the downside prevails.
Stoploss: 1.303
Our preference:Short positions below 1.303 with targets @ 1.294 & 1.2905 in extension.

USD/CHF Intraday: key resistance at 0.98.
Stoploss: 0.98
Our preference:Short positions below 0.98 with targets @ 0.967 & 0.9635 in extension.

AUD/USD Intraday:the upside prevails.
Stoploss: 0.7325
Our preference: Long positions above 0.7325 with targets @ 0.743 & 0.749 in extension.

GBP/JPY Intraday :caution.
Stoploss: 194.5
Our preference: Short positions below 194.5 with targets @ 193.4 & 192.7 in extension.

NZD/USD Intraday:the upside prevails.
Stoploss : 0.657
Our preference: Long positions above 0.657 with targets @ 0.665 & 0.668 in extension.

US Oil : Intraday:key resistance at 43.9.
Stoploss :43.9
Our preference: Short positions below 43.9 with targets @ 42.8 & 42.5 in extension.

Gold spot Intraday:supported by a rising trend line.
Stoploss :1108.8
Our preference: Long positions above 1108.8 with targets @ 1135 & 1145 in extension.

Silver spot Intraday:supported by a rising trend line.
Stoploss:15.15
Our preference:Long positions above 15.15 with targets @ 15.65 & 15.8 in extension.

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

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