Daily Technical Analysis and Forex tips 7 September 2016

Daily Technical Analysis and Forex tips 7 September 2016
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Technical Analysis and Forex tips 7th September 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 expected

Our preference for long positions above 1.1180 with targets at 1.1280 & 1.1310 in extension. Alternative scenario is below 1.1180 look for further downside with 1.1155 & 1.1125 as targets.

GBP/USD Intraday: further advance

Our preference is long positions above 1.3285 with targets at 1.3445 & 1.3495 in extension. Alternative scenario is below 1.3285 look for further downside with 1.3250 & 1.3210 as targets.

USD/CHF Intraday: the downside prevails

Our preference short positions below 0.9810 with targets at 0.9685 & 0.9645 in extension. Alternative scenario is above 0.9810 look for further upside with 0.9855 & 0.9885 as targets.

USD/JPY Intraday: the downside prevails

Our preference is short positions below 102.20 with targets at 100.80 & 100.50 in extension. Alternative scenario is above 102.20 look for further upside with 103.15 & 103.80 as targets.

USD/CAD Intraday: the downside prevails

Our preference short positions below 1.2930 with targets at 1.2820 & 1.2785 in extension. Alternative scenario is above 1.2930 look for further upside with 1.3000 & 1.3050 as targets.

AUD/USD Intraday: supported by a rising trend line

Our preference long positions above 0.7605 with targets at 0.7690 & 0.7720 in extension. Alternative scenario is below 0.7605 look for further downside with 0.7570 & 0.7535 as targets.

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