Daily Technical Analysis and Forex tips 9 March 2016

Daily Technical Analysis and Forex tips 9 March 2016
Daily Technical Analysis and Forex tips 9 March 2016
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Explore daily forex research, the powerful analysis and trade ideas solution of US Dollar, Euro, Japanese Yen, British Pound Sterling, Swiss Franc, Canadian Dollar and Australian Dollar. Read forex tips of 9 Mar 2016

EUR/USD Intraday: under pressure

Our preference for short positions below 1.1010 with targets at 1.0945 & 1.0925 in extension. Alternative scenario is above 1.1010 look for further upside with 1.1060 & 1.1100 as targets.

GBP/USD Intraday: the upside prevails

Our preference is long positions above 1.4170 with targets at 1.4275 & 1.4335 in extension. Alternative scenario is below 1.4170 look for further downside with 1.4130 & 1.4070 as targets.

USD/CHF Intraday: the upside prevails

Our preference long positions above 0.9960 with targets at 1.0040 & 1.0070 in extension. Alternative scenario is below 0.9960 look for further downside with 0.9940 & 0.9900 as targets.

USD/JPY Intraday: rebound

Our preference is slong positions above 112.20 with targets at 113.25 & 113.50 in extension. Alternative scenario is below 112.20 look for further downside with 111.85 & 111.60 as targets.

USD/CAD Intraday: under pressure

Our preference short positions below 1.3450 with targets at 1.3300 & 1.3255 in extension. Alternative scenario is above 1.3450 look for further upside with 1.3495 & 1.3550 as targets.

AUD/USD Intraday: the upside prevails

Our preference long positions above 0.7440 with targets at 0.7530 & 0.7560 in extension. Alternative scenario is below 0.7440 look for further downside with 0.7410 & 0.7385 as targets.

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