Daily Technical Analysis and Forex tips 26 May 2016

Daily Technical Analysis and Forex tips 26 May 2016
Daily Technical Analysis and Forex tips 26 May 2016
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Technical Analysis and Forex tips 26 May 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: caution

Our preference for short positions below 1.1190 with targets at 1.1145 & 1.1125 in extension. Alternative scenario is above 1.1190 look for further upside with 1.1230 & 1.1260 as targets.

GBP/USD Intraday: 1.4725 in sight

Our preference is long positions above 1.4600 with targets at 1.4725 & 1.4770 in extension. Alternative scenario is below 1.4600 look for further downside with 1.4550 & 1.4500 as targets.

USD/CHF Intraday: caution

Our preference long positions above 0.9885 with targets at 0.9915 & 0.9940 in extension. Alternative scenario is below 0.9885 look for further downside with 0.9860 & 0.9830 as targets.

USD/JPY Intraday: the downside prevails

Our preference is short positions below 110.25 with targets at 109.45 & 109.10 in extension. Alternative scenario is above 110.25 look for further upside with 110.45 & 110.60 as targets.

USD/CAD Intraday: the downside prevails

Our preference short positions below 1.3075 with targets at 1.2940 & 1.2890 in extension. Alternative scenario is above 1.3075 look for further upside with 1.3135 & 1.3170 as targets.

AUD/USD Intraday: the upside prevails

Our preference long positions above 0.7170 with targets at 0.7225 & 0.7255 in extension. Alternative scenario is below 0.7170 look for further downside with 0.7140 & 0.7105 as targets.

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