Daily Technical Analysis and Forex tips 26 July 2016

Daily Technical Analysis and Forex tips 26 July 2016
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Technical Analysis and Forex tips 26 July 2016 that covers latest market news and daily shares trading signals from experts of the field. Take after the day by day specialized investigations to get an edge in trading in forex.

EUR/USD Intraday: rebound

Our preference for long positions above 1.0950 with targets at 1.1035 & 1.1050 in extension. Alternative scenario is below 1.0950 look for further downside with 1.0935 & 1.0910 as targets.

GBP/USD Intraday: the downside prevails

Our preference is short positions below 1.3165 with targets at 1.3075 & 1.3020 in extension. Alternative scenario is above 1.3165 look for further upside with 1.3210 & 1.3280 as targets.

USD/CHF Intraday: the upside prevails

Our preference long positions above 0.9835 with targets at 0.9875 & 0.9900 in extension. Alternative scenario is below 0.9835 look for further downside with 0.9810 & 0.9780 as targets.

USD/JPY Intraday: the downside prevails

Our preference is short positions below 105.65 with targets at 104.00 & 103.70 in extension. Alternative scenario is above 105.65 look for further upside with 106.35 & 106.75 as targets.

USD/CAD Intraday: the upside prevails

Our preference long positions above 1.3150 with targets at 1.3255 & 1.3300 in extension. Alternative scenario is below 1.3150 look for further downside with 1.3120 & 1.3095 as targets.

AUD/USD Intraday: rebound

Our preference long positions above 0.7450 with targets at 0.7570 & 0.7605 in extension. Alternative scenario is below 0.7450 look for further downside with 0.7435 & 0.7405 as targets.

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