Daily Technical Analysis and Forex tips 13 Jan 2016

Daily Technical Analysis and Forex tips 13 Jan 2016
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Technical Analysis and Forex tips 13 Jan 2016 that covers latest market news and daily shares trading signals from experts of the field.

EUR/USD Intraday: key resistance at 1.0905

Our preference for short positions below 1.0905 with targets at 1.077 & 1.0735 in extension. Alternative scenario is above 1.0905 look for further upside with 1.0945 & 1.097 as targets.

GBP/USD Intraday: the downside prevails

Our preference is short positions below 1.4515 with targets at 1.435 & 1.427 in extension. Alternative scenario is above 1.4515 look for further upside with 1.456 & 1.46 as targets.

USD/CHF Intraday: the upside prevails

Our preference long positions above 0.9955 with targets at 1.004 & 1.008 in extension. Alternative scenario is below 0.9955 look for further downside with 0.9915 & 0.987 as targets.

USD/JPY Intraday: key resistance at 118.05

Our preference is short positions below 118.05 with targets at 117.15 & 116.7 in extension. Alternative scenario is above 118.05 look for further upside with 118.8 & 119.3 as targets.

USD/CAD Intraday: the upside prevails

Our preference long positions above 1.4175 with targets at 1.432 & 1.439 in extension. Alternative scenario is below 1.4175 look for further downside with 1.413 & 1.406 as targets.

AUD/USD Intraday: caution

Our preference long positions above 0.696 with targets at 0.704 & 0.7085 in extension. Alternative scenario is below 0.696 look for further downside with 0.69 & 0.6835 as targets.

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