Daily Technical Analysis and Forex tips 24 March 2016

Daily Technical Analysis and Forex tips 24 March 2016
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Technical Analysis and Forex tips 24 March 2016 that covers latest market news and daily trading signals from experts of the field for US Dollar, Euro, Japanese Yen, British Pound Sterling.

EUR/USD Intraday: key resistance at 1.1200

Our preference for short positions below 1.1200 with targets at 1.1140 & 1.1120 in extension. Alternative scenario is above 1.1200 look for further upside with 1.1235 & 1.1260 as targets.

GBP/USD Intraday: towards 1.3985

Our preference is short positions below 1.4150 with targets at 1.4050 & 1.3985 in extension. Alternative scenario is above 1.4150 look for further upside with 1.4200 & 1.4240 as targets.

USD/CHF Intraday: bullish bias above 0.9720

Our preference long positions above 0.9720 with targets at 0.9790 & 0.9845 in extension. Alternative scenario is below 0.9720 look for further downside with 0.9685 & 0.9650 as targets.

USD/JPY Intraday: further advance

Our preference is long positions above 112.10 with targets at 112.90 & 113.30 in extension. Alternative scenario is below 112.10 look for further downside with 111.75 & 111.35 as targets.

USD/CAD Intraday: further upside

Our preference long positions above 1.3170 with targets at 1.3275 & 1.3335 in extension. Alternative scenario is below 1.3170 look for further downside with 1.3105 & 1.3020 as targets.

AUD/USD Intraday: the downside prevails

Our preference short positions below 0.7570 with targets at 0.7475 & 0.7445 in extension. Alternative scenario is above 0.7570 look for further upside with 0.7610 & 0.7650 as targets.

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