Free Afternoon Forex Trading signals – Apr 16, 2013 Published: 16 April 2013 Categories: Free Forex trading Signals EUR/USD GBP/USD USD/CHF USD/CAD CRUDE OIL GOLD DOWJONES S&P 500 Please note that due to market volatility, some of the below sight prices may have already been reached and scenarios played out. EUR/USD intraday: further advance. Pivot: 1.3045 Our preference: Long positions above 1.3045 with targets @ 1.314 & 1.316 in extension. Alternative scenario: Below 1.3045 look for further downside with 1.3015 & 1.2995 as targets. Comment: the pair has vadliated a bullish flag and should post further advance. NEXT GBP/USD intraday: the downside prevails. Pivot: 1.5345 Our preference: Short positions below 1.5345 with targets @ 1.5265 & 1.5245 in extension. Alternative scenario: Above 1.5345 look for further upside with 1.5385 & 1.541 as targets. Comment: the pair is posting a rebound but stands below its resistance. PREVIOUS NEXT USD/CHF intraday: key ST resistance at 0.9335. Pivot: 0.9335 Our preference: Short positions below 0.9335 with targets @ 0.926 & 0.923 in extension. Alternative scenario: Above 0.9335 look for further upside with 0.9365 & 0.939 as targets. Comment: the pair remains under pressure and is challenging its support. PREVIOUS NEXT USD/CAD intraday: under pressure. Pivot: 1.026 Our preference: Short positions below 1.026 with targets @ 1.0205 & 1.0185 in extension. Alternative scenario: Above 1.026 look for further upside with 1.028 & 1.0295 as targets. Comment: the pair has struck against its previous high as the RSI is reversing down. PREVIOUS NEXT Crude Oil (May 13) intraday: key ST resistance at 89 Pivot: 89.00 Our preference: SHORT positions below 89 with 85.7 & 84.2 in sight. Alternative scenario: The upside breakout of 89 will open the way to 90.4 & 91.8. Comment: as long as 89 is resistance, look for choppy price action with a bearish bias. PREVIOUS NEXT GOLD (Spot) intraday: rebound. Pivot: 1360.00 Our preference: LONG positions above 1360 with targets @ 1413 & 1458. Alternative scenario: The downside penetration of 1360 will call for 1322 & 1295. Comment: the RSI is bullish and calls for further upside. PREVIOUS NEXT Dow Jones (Jun 13) intraday: under pressure. Pivot: 14690 Our preference: SHORT positions below 14690 with 14470 & 14430 as next targets. Alternative scenario: The upside penetration of 14690 will call for a rebound towards 14825 & 14885. Comment: technically, the RSI is below its neutrality area at 50. PREVIOUS NEXT S&P 500 (Jun 13) intraday: ST consolidation in place. Pivot: 1571 Our preference: SHORT positions below 1571 with 1539 & 1533 in sight. Alternative scenario: The upside breakout of 1571 will open the way to 1585 & 1593. Comment: the RSI is badly directed. PREVIOUS 0 0 votes Page Rating Subscribe Notify of new follow-up comments new replies to my comments I allow to use my email address and send notification about new comments and replies (you can unsubscribe at any time). Label {} [+] Name* Email* Label {} [+] Name* Email* 0 Comments Inline Feedbacks View all comments
