Forex Trading Tips – 25 Aug, 2015

http://www.myfxguide.com/forex-trading-tips-25-aug-2015/

EUR/USD Intraday: bullish bias above 1.1495
Stoploss: 1.1495
Our preference: Long positions above 1.1495 with targets @ 1.1625 & 1.173 in extension.

USD/JPY Intraday: key resistance at 120.25.
Stoploss:120.25
Our preference: Short positions below 120.25 with targets @ 118.2 & 117.1 in extension.

GBP/USD Intraday:the upside prevails.
Stoploss: 1.572
Our preference: Long positions above 1.572 with targets @ 1.5805 & 1.5835 in extension.

USD/CAD Intraday: the bias remains bullish.
Stoploss: 1.3195
Our preference: Long positions above 1.3195 with targets @ 1.332 & 1.3355 in extension.

USD/CHF Intraday: key resistance at 0.9395.
Stoploss: 0.9395
Our preference: Short positions below 0.9395 with targets @ 0.9295 & 0.9245 in extension.

AUD/USD Intraday: the upside prevails.
Stoploss: 0.7155
Our preference: Long positions above 0.7155 with targets @ 0.728 & 0.732 in extension.

GBP/JPY Intraday :caution.
Stoploss:189.35
Our preference: Short positions below 189.35 with targets @ 186.25 & 184.9 in extension.

NZD/USD Intraday: key resistance at 0.6555.
Stoploss : 0.6555
Our preference: Short positions below 0.6555 with targets @ 0.6425 & 0.6365 in extension.

US Oil : Intraday:under pressure.
Stoploss :40
Our preference:Short positions below 40 with targets @ 37.75 & 35.9 in extension.

Gold spot Intraday:bullish bias above 1149.
Stoploss : 1149
Our preference: Long positions above 1149 with targets @ 1168 & 1173 in extension.

Silver spot Intraday:capped by a negative trend line.
Stoploss:15
Our preference: Short positions below 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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