Daily Technical Analysis and Forex tips 22 September 2016

Daily Technical Analysis and Forex tips 22 September 2016
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Read 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 22 September

EUR/USD Intraday: further upside

Our preference for long positions above 1.1135 with targets at 1.1215 & 1.1235 in extension. Alternative scenario is below 1.1135 look for further downside with 1.1120 & 1.1100 as targets.

GBP/USD Intraday: the upside prevails

Our preference is long positions above 1.2980 with targets at 1.3065 & 1.3100 in extension. Alternative scenario is below 1.2980 look for further downside with 1.2945 & 1.2900 as targets.

USD/CHF Intraday: under pressure

Our preference short positions below 0.9775 with targets at 0.9705 & 0.9680 in extension. Alternative scenario is above 0.9775 look for further upside with 0.9815 & 0.9840 as targets.

USD/JPY Intraday: watch 100.05

Our preference is short positions below 101.25 with targets at 100.05 & 99.60 in extension. Alternative scenario is above 101.25 look for further upside with 101.60 & 102.05 as targets.

USD/CAD Intraday: the downside prevails

Our preference short positions below 1.3180 with targets at 1.3025 & 1.2990 in extension. Alternative scenario is above 1.3180 look for further upside with 1.3240 & 1.3285 as targets.

AUD/USD Intraday: target 0.7655

Our preference long positions above 0.7560 with targets at 0.7655 & 0.7680 in extension. Alternative scenario is below 0.7560 look for further downside with 0.7530 & 0.7495 as targets.

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