Daily Technical Analysis and Forex tips 4 Feb 2016

Daily Technical Analysis and Forex tips 4 Feb 2016
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Technical Analysis and Forex tips 4 Feb 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: under pressure

Our preference for long positions above 1.1115 with targets at 1.124 & 1.131 in extension. Alternative scenario is below 1.1115 look for further downside with 1.107 & 1.1 as targets.

GBP/USD Intraday: under pressure

Our preference is long positions above 1.451 with targets at 1.466 & 1.4715 in extension. Alternative scenario is below 1.451 look for further downside with 1.448 & 1.444 as targets.

USD/CHF Intraday: the bias remains bullish

Our preference short positions below 1.0035 with targets at 0.992 & 0.987 in extension. Alternative scenario is above 1.0035 look for further upside with 1.007 & 1.012 as targets.

USD/JPY Intraday: under pressure

Our preference is short positions short positions below 117.7 with targets at 116.2 & 116 in extension. Alternative scenario is above 117.7 look for further upside with 118.25 & 119 as targets.

USD/CAD Intraday: bullish bias above 1.3875

Our preference long positions short positions below 1.378 with targets at 1.3555 & 1.35 in extension. Alternative scenario is above 1.378 look for further upside with 1.39 & 1.4 as targets.

AUD/USD Intraday: under pressure

Our preference short positions long positions above 0.715 with targets at 0.7245 & 0.728 in extension. Alternative scenario is below 0.715 look for further downside with 0.7115 & 0.707 as targets.

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