Daily Technical Analysis and Forex tips 13 July 2016

Daily Technical Analysis and Forex tips 13 July 2016
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Technical Analysis and Forex tips 13 July 2016 that covers latest market news and daily trading signals from experts of the field for US Dollar, Euro, Japanese Yen, British Pound Sterling. Read real time technical analysis overview and Forex signals for the major currency pairs.

EUR/USD Intraday: under pressure

Our preference for short positions below 1.1090 with targets at 1.1035 & 1.1015 in extension. Alternative scenario is above 1.1090 look for further upside with 1.1105 & 1.1125 as targets.

GBP/USD Intraday: target 1.3350

Our preference is long positions above 1.3180 with targets at 1.3350 & 1.3425 in extension. Alternative scenario is below 1.3180 look for further downside with 1.3110 & 1.3045 as targets.

USD/CHF Intraday: further advance

Our preference long positions above 0.9820 with targets at 0.9910 & 0.9950 in extension. Alternative scenario is below 0.9820 look for further downside with 0.9790 & 0.9765 as targets.

USD/JPY Intraday: the bias remains bullish

Our preference is long positions above 103.60 with targets at 105.30 & 106.10 in extension. Alternative scenario is below 103.60 look for further downside with 102.85 & 102.45 as targets.

USD/CAD Intraday: bullish bias above 1.3010

Our preference long positions above 1.3010 with targets at 1.3090 & 1.3115 in extension. Alternative scenario is below 1.3010 look for further downside with 1.2980 & 1.2945 as targets.

AUD/USD Intraday: the bias remains bullish

Our preference long positions above 0.7570 with targets at 0.7635 & 0.7660 in extension. Alternative scenario is below 0.7570 look for further downside with 0.7540 & 0.7520 as targets.

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