Daily Technical Analysis and Forex tips 24th September 2018

Daily Technical Analysis and Forex tips 24th September 2018
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Please find below detailed daily Technical Analysis, Market Analysis and Forex tips for 24 September 2018 of Euro, US dollar, British pound, Swiss franc, Japanese yen, Canadian dollar and Australian dollar

EUR/USD Intraday: continuation of the rebound

Our preference is for long positions above 1.1750 with targets at 1.1785 & 1.1800 in extension. Alternative scenario is below 1.1750 look for further downside with 1.1720 & 1.1695 as targets.

GBP/USD Intraday: continuation of the rebound

Our preference is for long at 1.3140 with targets at 1.3175 & 1.3205 in extension. Alternative scenario is below 1.3110 look for further downside with 1.3090 & 1.3060 as targets.

USD/CHF Intraday: intraday support around 0.9575

Our preference is for long positions above 0.9575 with targets at 0.9605 & 0.9625 in extension. Alternative scenario is below 0.9575 look for further downside with 0.9555 & 0.9540 as targets.

USD/JPY Intraday: supported by a rising trend line

Our preference is for long positions above 112.50 with targets at 112.85 & 113.00 in extension. Alternative scenario is below 112.50 look for further downside with 112.35 & 112.25 as targets.

USD/CAD Intraday: further advance

Our preference is for long positions above 1.2925 with targets at 1.2955 & 1.2980 in extension. Alternative scenario is below 1.2925 look for further downside with 1.2905 & 1.2880 as targets.

AUD/USD Intraday: consolidation in place

Our preference is for short positions below 0.7280 with targets at 0.7250 & 0.7235 in extension. Alternative scenario is above 0.7280 look for further upside with 0.7305 & 0.7325 as targets.

 

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