Forex Trading Tips – 19 Aug, 2015

http://www.myfxguide.com/forex-trading-tips-19-aug-2015/

EUR/USD Intraday:key resistance at 1.1095.
Stoploss:1.1095
Our preference:Short positions below 1.1095 with targets @ 1.1015 & 1.098 in extension.

USD/JPY Intraday:key resistance at 124.6.
Stoploss:124.6
Our preference:Short positions below 124.6 with targets @ 124.15 & 124 in extension

GBP/USD Intraday:the upside prevails.
Stoploss:1.564
Our preference:Long positions above 1.564 with targets @ 1.572 & 1.577 in extension.

USD/CAD Intraday:the downside prevails.
Stoploss: 1.3085
Our preference:Short positions below 1.3085 with targets @ 1.301 & 1.2985 in extension.

USD/CHF Intraday:key resistance at 0.98.
Stoploss: 0.98
Our preference:Short positions below 0.98 with targets @ 0.9745 & 0.972 in extension.

AUD/USD Intraday:under pressure.
Stoploss: 0.732
Our preference:Long positions above 0.732 with targets @ 0.736 & 0.739 in extension.

GBP/JPY Intraday :the bias remains bullish.
Stoploss:194.4
Our preference: Long positions above 194.4 with targets @ 195.3 & 195.9 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 42.7.
Stoploss :42.7
Our preference:Short positions below 42.7 with targets @ 41.33 & 40.9 in extension.

Gold spot Intraday: key resistance at 1121.
Stoploss : 1121
Our preference:Short positions below 1121 with targets @ 1109 & 1101.5 in extension.

Silver spot Intraday: under pressure.
Stoploss:15.15
Our preference:Short positions below 15.15 with targets @ 14.6 & 14.48 in extension.

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

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