Forex Trading Tips – 27 Aug, 2015

http://www.myfxguide.com/forex-trading-tips-27-aug-2015/

EUR/USD Intraday: the downside prevails.
Stoploss: 1.144
Our preference: Short positions below 1.144 with targets @ 1.1295 & 1.1235 in extension.

USD/JPY Intraday: the upside prevails.
Stoploss:118.95
Our preference: Long positions above 118.95 with targets @ 121.3 & 122.35 in extension.

GBP/USD Intraday: the downside prevails.
Stoploss: 1.56
Our preference: Short positions below 1.56 with targets @ 1.545 & 1.541 in extension.

USD/CAD Intraday: the bias remains bullish.
Stoploss: 1.324
Our preference: Long positions above 1.324 with targets @ 1.3355 & 1.34 in extension.

USD/CHF Intraday: the upside prevails.
Stoploss:0.9455
Our preference: Long positions above 0.9455 with targets @ 0.955 & 0.959 in extension.

AUD/USD Intraday: key resistance at 0.719.
Stoploss: 0.719
Our preference: Short positions below 0.719 with targets @ 0.704 & 0.7 in extension.

GBP/JPY Intraday: under pressure.
Stoploss:186.75
Our preference: Short positions below 186.75 with targets @ 184.1 & 183.15 in extension.

NZD/USD Intraday: under pressure.
Stoploss : 0.6515
Our preference: Short positions below 0.6515 with targets @ 0.6365 & 0.631 in extension.

US Oil : Intraday: bullish bias above 37.75.
Stoploss :37.75
Our preference:Long positions above 37.75 with targets @ 39.88 & 40.6 in extension.

Gold spot Intraday: under pressure.
Stoploss : 1140
Our preference: Short positions below 1140 with targets @ 1117 & 1109 in extension.

Silver spot Intraday:capped by a negative trend line.
Stoploss:14.47
Our preference: Short positions below 14.47 with targets @ 13.85 & 13.67 in extension.

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

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