Free Afternoon Forex Trading signals – Apr 24, 2013 Published: 24 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: under pressure. Pivot: 1.3025 Our preference: Short positions below 1.3025 with targets @ 1.2965 & 1.2945 in extension. Alternative scenario: Above 1.3025 look for further upside with 1.305 & 1.3085 as targets. Comment: the pair is rebounding but stands below its resistance, the RSI remains capped by a declining trend line. NEXT GBP/USD intraday: intraday support around 1.522. Pivot: 1.522 Our preference: Long positions above 1.522 with targets @ 1.5285 & 1.5315 in extension. Alternative scenario: Below 1.522 look for further downside with 1.5195 & 1.517 as targets. Comment: the pair has rebounded on its support and is approaching its next resistance. PREVIOUS NEXT USD/CHF intraday: further upside. Pivot: 0.941 Our preference: Long positions above 0.941 with targets @ 0.9475 & 0.9495 in extension. Alternative scenario: Below 0.941 look for further downside with 0.938 & 0.9335 as targets. Comment: the pair remains on the upside and is challenging its previous high. PREVIOUS NEXT USD/CAD intraday: intraday support around 1.025. Pivot: 1.025 Our preference: Long positions above 1.025 with targets @ 1.029 & 1.0315 in extension. Alternative scenario: Below 1.025 look for further downside with 1.0225 & 1.02 as targets. Comment: a support base at 1.025 has formed and has allowed for a temporary stabilisation. PREVIOUS NEXT Crude Oil (Jun 13) intraday: the bias remains bullish. Pivot: 88.55 Our preference: LONG positions above 88.55 with 90.6 & 92.1 as next targets. Alternative scenario: The downside breakout of 88.55 will open the way to 87.8 & 86.6. Comment: the RSI is above its neutrality area at 50%. PREVIOUS NEXT GOLD (Spot) intraday: further advance. Pivot: 1404.00 Our preference: LONG positions above 1404 with 1439 & 1473 as next targets. Alternative scenario: The downside penetration of 1404 will call for a slide towards 1391 & 1363. Comment: a bullish flag pattern is confirmed. The upside prevails, as long as 1404 isn’t broken. PREVIOUS NEXT Dow Jones (Jun 13) intraday: key ST resistance at 14720 Pivot: 14720 Our preference: SHORT positions below 14720 with targets @ 14390 & 14340. Alternative scenario: The upside penetration of 14720 will call for a rebound towards 14770 & 14820. Comment: the RSI lacks upward momentum. PREVIOUS NEXT S&P 500 (Jun 13) intraday: caution. Pivot: 1579 Our preference: SHORT positions below 1579 with 1542 & 1530 in sight. Alternative scenario: The upside penetration of 1579 will call for 1586 & 1593. Comment: the RSI lacks upward momentum. 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
