Daily Technical Analysis and Forex tips 17th September 2018

Daily Technical Analysis and Forex tips 17th September 2018
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Read daily market analysis, Fx news, Forex tips and technical analysis of US Dollar, Euro, Japanese Yen, British Pound Sterling, Swiss Franc, Canadian Dollar and Australian Dollar of 17th September 2018

EUR/USD Intraday: under pressure

Our preference is for short positions below 1.1660 with targets at 1.1610 & 1.1575 in extension. Alternative scenario is above 1.1660 look for further upside with 1.1685 & 1.1720 as targets.

GBP/USD Intraday: key resistance at 1.3100

Our preference is for short positions below 1.3100 with targets at 1.3055 & 1.3030 in extension. Alternative scenario is above 1.3100 look for further upside with 1.3135 & 1.3165 as targets.

USD/CHF Intraday: the bias remains bullish

Our preference is for long positions above 0.9655 with targets at 0.9685 & 0.9705 in extension. Alternative scenario is below 0.9655 look for further downside with 0.9630 & 0.9600 as targets.

USD/JPY Intraday: the upside prevails

Our preference is for long positions above 111.75 with targets at 112.15 & 112.35 in extension. Alternative scenario is below 111.75 look for further downside with 111.50 & 111.35 as targets.

USD/CAD Intraday: intraday support around 1.3015

Our preference is for long positions above 1.3015 with targets at 1.3055 & 1.3080 in extension. In alternative scenario, below 1.3015 look for further downside with 1.2980 & 1.2950 as targets.

AUD/USD Intraday: under pressure

Our preference is for short positions below 0.7180 with targets at 0.7130 & 0.7105 in extension. Alternative scenario is above 0.7180 look for further upside with 0.7200 & 0.7215 as targets.

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