Forex Trading Tips – 17 Aug, 2015

http://www.myfxguide.com/forex-trading-tips-17-aug-2015/

EUR/USD Intraday: the downside prevails.
Stoploss: 1.114
Our preference: Short positions below 1.114 with targets @ 1.103 & 1.098 in extension.

USD/JPY Intraday: key resistance at 124.6.
Stoploss:124.6
Our preference: Short positions below 124.6 with targets @ 124 & 123.75 in extension.

GBP/USD Intraday: the upside prevails.
Stoploss: 1.5595
Our preference: Long positions above 1.5595 with targets @ 1.5675 & 1.571 in extension.

USD/CAD Intraday: the upside prevails.
Stoploss: 1.3055
Our preference:Long positions above 1.3055 with targets @ 1.3145 & 1.318 in extension.

USD/CHF Intraday:key resistance at 0.98.
Stoploss: 0.98
Our preference: Short positions below 0.98 with targets @ 0.972 & 0.967 in extension.

AUD/USD Intraday:the bias remains bullish.
Stoploss: 0.732
Our preference:Long positions above 0.732 with targets @ 0.741 & 0.744 in extension.

GBP/JPY Intraday :the upside prevails.
Stoploss:194.2
Our preference:Long positions above 194.2 with targets @ 195.05 & 195.4 in extension.

NZD/USD Intraday: under pressure.
Stoploss : 0.658
Our preference:Short positions below 0.658 with targets @ 0.651 & 0.647 in extension.

US Oil : Intraday: capped by a negative trend line.
Stoploss :43
Our preference:Short positions below 43 with targets @ 41.33 & 40.9 in extension.

Gold spot Intraday: bullish bias above 1112.
Stoploss :1112
Our preference: Long positions above 1112 with targets @ 1121 & 1127 in extension.

Silver spot Intraday:key resistance at 15.32.
Stoploss:15.32
Our preference:Short positions below 15.32 with targets @ 15.15 & 15 in extension.

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

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