Technical Analysis


Daily Technical Analysis and Forex tips 3 January 2018

Technical Analysis and Forex tips 3 January 2018 that covers latest market news and daily shares trading signals from experts of the field. Take after the day by day specialized investigations to get an edge in trading in forex.

EUR/USD Intraday: consolidation

Our preference for short positions below 1.2045 with targets at 1.1990 & 1.1960 in extension. Alternative scenario is above 1.2045 look for further upside with 1.2080 & 1.2115 as targets.

GBP/USD Intraday: turning down

Our preference is short positions below 1.3585 with targets at 1.3495 & 1.3455 in extension. Alternative scenario is above 1.3585 look for further upside with 1.3615 & 1.3650 as targets.

USD/CHF Intraday: continuation of the rebound

Our preference long positions above 0.9730 with targets at 0.9810 & 0.9835 in extension. Alternative scenario is below 0.9730 look for further downside with 0.9700 & 0.9670 as targets.

USD/JPY Intraday: the downside prevails

Our preference is short positions below 112.55 with targets at 112.00 & 111.70 in extension. Alternative scenario is above 112.55 look for further upside with 112.80 & 113.00 as targets.

USD/CAD Intraday: consolidation

Our preference short positions below 1.2540 with targets at 1.2485 & 1.2450 in extension. Alternative scenario is above 1.2540 look for further upside with 1.2565 & 1.2585 as targets.

AUD/USD Intraday: the upside prevails

Our preference long positions above 0.7810 with targets at 0.7860 & 0.7880 in extension. Alternative scenario is below 0.7810 look for further downside with 0.7795 & 0.7775 as targets.