Free Afternoon Forex Trading signals – Apr 18, 2013 Published: 18 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: the downside prevails. Pivot: 1.3085 Our preference: Short positions below 1.3085 with targets @ 1.3015 & 1.2985 in extension. Alternative scenario: Above 1.3085 look for further upside with 1.3115 & 1.3165 as targets. Comment: the pair is posting a rebound but stands below its new resistance, the RSI lacks upward momentum. NEXT GBP/USD intraday: under pressure. Pivot: 1.5275 Our preference: Short positions below 1.5275 with targets @ 1.521 & 1.518 in extension. Alternative scenario: Above 1.5275 look for further upside with 1.53 & 1.5335 as targets. Comment: the pair is rebounding and is challenging its new resistance (former support). PREVIOUS NEXT USD/CHF intraday: the upside prevails. Pivot: 0.9275 Our preference: Long positions above 0.9275 with targets @ 0.934 & 0.9365 in extension. Alternative scenario: Below 0.9275 look for further downside with 0.924 & 0.9205 as targets. Comment: the pair is on the upside and is challenging its resistance, the RSI stands around its neutrality area and is reversing up. PREVIOUS NEXT USD/CAD intraday: under pressure. Pivot: 1.0265 Our preference: Short positions below 1.0265 with targets @ 1.02 & 1.0185 in extension. Alternative scenario: Above 1.0265 look for further upside with 1.029 & 1.0315 as targets. Comment: the pair is breaking below its support and should face further weakness. PREVIOUS NEXT Crude Oil (May 13) intraday: turning down. Pivot: 89.00 Our preference: SHORT positions @ 88.53 with 86.8 & 85.6 in sight. Alternative scenario: The upside breakout of 89 will open the way to 90.2 & 91.25. Comment: the upward potential is likely to be limited by the resistance at 89. PREVIOUS NEXT GOLD (Spot) intraday: the downside prevails. Pivot: 1403.00 Our preference: SHORT positions below 1403 with targets @ 1363 & 1335. Alternative scenario: The upside penetration of 1403 will call for a rebound towards 1444 & 1473.3. Comment: as long as 1403 is resistance, look for choppy price action with a bearish bias. PREVIOUS NEXT Dow Jones (Jun 13) intraday: key ST resistance at 14645 Pivot: 14645 Our preference: SHORT positions below 14645 with targets @ 14470 & 14430. Alternative scenario: The upside penetration of 14645 will call for 14700 & 14770. Comment: as long as 14645 is resistance, look for choppy price action with a bearish bias. PREVIOUS NEXT S&P 500 (Jun 13) intraday: capped by a negative trend line. Pivot: 1562 Our preference: SHORT positions below 1562 with targets @ 1533 & 1528. Alternative scenario: The upside penetration of 1562 will call for 1570 & 1579. Comment: as long as 1562 is resistance, look for choppy price action with a bearish bias. 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
