Forex Trading Tips – 18 Aug, 2015

http://www.myfxguide.com/forex-trading-tips-18-aug-2015/

EUR/USD Intraday:the downside prevails.
Stoploss: 1.1125
Our preference:Short positions below 1.1125 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 @ 124.2 & 124 in extension.

GBP/USD Intraday:the downside prevails.
Stoploss:1.5645
Our preference:Short positions below 1.5645 with targets @ 1.554 & 1.55 in extension.

USD/CAD Intraday:key resistance at 1.312.
Stoploss:1.312
Our preference:Short positions below 1.312 with targets @ 1.3055 & 1.301 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 downside prevails.
Stoploss:194.4
Our preference:Short positions below 194.4 with targets @ 193.65 & 193.4 in extension.

NZD/USD Intraday: the upside prevails.
Stoploss :0.6555
Our preference: Long positions above 0.6555 with targets @ 0.6605 & 0.6625 in extension.

US Oil : Intraday: key resistance at 43.
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 @ 1127 & 1135 in extension.

Silver spot Intraday:bullish bias above 15.15.
Stoploss:15.15
Our preference:Long positions above 15.15 with targets @ 15.5 & 15.62 in extension.

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

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