Daily Technical Analysis and Forex tips 14 April 2016

Daily Technical Analysis and Forex tips 14 April 2016
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Technical Analysis and Forex tips 14 April 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: key resistance at 1.1295

Our preference for short positions below 1.1295 with targets at 1.1230 & 1.1185 in extension. Alternative scenario is above 1.1295 look for further upside with 1.1345 & 1.1370 as targets.

GBP/USD Intraday: key resistance at 1.4200

Our preference is short positions below 1.4200 with targets at 1.4090 & 1.4050 in extension. Alternative scenario is above 1.4200 look for further upside with 1.4260 & 1.4290 as targets.

USD/CHF Intraday: intraday support around 0.9610

Our preference long positions above 0.9610 with targets at 0.9710 & 0.9740 in extension. Alternative scenario is below 0.9610 look for further downside with 0.9590 & 0.9560 as targets.

USD/JPY Intraday: intraday support around 108.80

Our preference is long positions above 108.80 with targets at 109.55 & 109.95 in extension. Alternative scenario is below 108.80 look for further downside with 108.45 & 108.05 as targets.

USD/CAD Intraday: rebound

Our preference long positions above 1.2790 with targets at 1.2920 & 1.2970 in extension. Alternative scenario is below 1.2790 look for further downside with 1.2740 & 1.2670 as targets.

AUD/USD Intraday: further advance

Our preference long positions above 0.7615 with targets at 0.7755 & 0.7805 in extension. Alternative scenario is below 0.7615 look for further downside with 0.7580 & 0.7525 as targets.

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