Daily Technical Analysis and Forex tips 28 Dec 2015

Daily Technical Analysis and Forex tips 28 Dec 2015
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Daily Technical Analysis, Market Analysis and Forex tips 28 December 2015 of Euro, US dollar, British pound, Swiss franc, Japanese yen, Canadian dollar and Australian dollar

EUR/USD Intraday: the upside prevails

Our preference for long positions above 1.0925 with targets at 1.101 & 1.103 in extension.below 1.0925 look for further downside with 1.09 & 1.0865 as targets.

GBP/USD Intraday: the bias remains bullish

Our preference is long positions above 1.4885 with targets at 1.495 & 1.4985 in extension. Alternative scenario is below 1.4885 look for further downside with 1.4855 & 1.483 as targets.

USD/CHF Intraday: under pressure/h4>

Our preference short positions below 0.989 with targets at 0.983 & 0.98 in extension. Alternative scenario is above 0.989 look for further upside with 0.9915 & 0.9945 as targets.

USD/JPY Intraday: under pressure

Our preference is short positions below 120.75 with targets at 120 & 119.8 in extension. Alternative scenario is above 120.75 look for further upside with 121 & 121.3 as targets.

USD/CAD Intraday: the upside prevails.

Our preference long positions above 1.383 with targets at 1.391 & 1.395 in extension. Alternative scenario is below 1.383 look for further downside with 1.38 & 1.377 as targets.

AUD/USD Intraday: bullish bias above 0.724

Our preference long positions above 0.724 with targets at 0.7285 & 0.7315 in extension. Alternative scenario is below 0.724 look for further downside with 0.7205 & 0.718 as targets.

 

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