Free Afternoon Forex Trading signals – Apr 25, 2013 Published: 25 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 upside prevails. Pivot: 1.3005 Our preference: Long positions above 1.3005 with targets @ 1.3085 & 1.3115 in extension. Alternative scenario: Below 1.3005 look for further downside with 1.2965 & 1.2945 as targets. Comment: the pair has broken above a falling wedge upper boundary and remains on the upside. NEXT GBP/USD intraday: the upside prevails. Pivot: 1.537 Our preference: Long positions above 1.537 with targets @ 1.545 & 1.547 in extension. Alternative scenario: Below 1.537 look for further downside with 1.533 & 1.5305 as targets. Comment: the pair has broken above its resistance and remains on the upside but the RSI is overbought. PREVIOUS NEXT USD/CHF intraday: under pressure. Pivot: 0.9495 Our preference: Short positions below 0.9495 with targets @ 0.941 & 0.938 in extension. Alternative scenario: Above 0.9495 look for further upside with 0.9525 & 0.9555 as targets. Comment: the pair has broken below its support and remains under pressure. PREVIOUS NEXT USD/CAD intraday: under pressure. Pivot: 1.025 Our preference: Short positions below 1.025 with targets @ 1.02 & 1.0185 in extension. Alternative scenario: Above 1.025 look for further upside with 1.028 & 1.03 as targets. Comment: as long as 1.025 is resistance, look for choppy price action with a bearish bias. PREVIOUS NEXT Crude Oil (Jun 13) intraday: bullish bias above 90.3 Pivot: 90.30 Our preference: LONG positions above 90.3 with 92.1 & 93.4 in sight. Alternative scenario: The downside penetration of 90.3 will call for 89.3 & 87.8. Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited. PREVIOUS NEXT GOLD (Spot) intraday: further advance. Pivot: 1426.00 Our preference: LONG positions @ 1434 with targets @ 1470 & 1507. Alternative scenario: The downside penetration of 1426 will call for 1404 & 1391. Comment: Gold prices are supported by a rising trend line and the 50 moving average is heading up. The upside prevails, as long as 1426 is support. PREVIOUS NEXT Dow Jones (Jun 13) intraday: bullish bias above 14545 Pivot: 14545 Our preference: LONG positions above 14545 with targets @ 14720 & 14770. Alternative scenario: The downside penetration of 14545 will call for a slide towards 14470 & 14390. Comment: the RSI lacks downward momentum. PREVIOUS NEXT S&P 500 (Jun 13) intraday: bullish bias above 1568 Pivot: 1568 Our preference: LONG positions above 1568 with 1586 & 1593 in sight. Alternative scenario: The downside penetration of 1568 will call for a slide towards 1561 & 1556. Comment: the RSI is supported by a bullish trend line. 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
