Free Afternoon Forex Trading signals – Apr 26, 2013 Published: 26 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: key resistance at 1.305. Pivot: 1.305 Our preference: Short positions below 1.305 with targets @ 1.2995 & 1.297 in extension. Alternative scenario: Above 1.305 look for further upside with 1.3085 & 1.313 as targets. Comment: the pair remains on the downside and is challenging its support. NEXT GBP/USD intraday: rebound. Pivot: 1.541 Our preference: Long positions above 1.541 with targets @ 1.547 & 1.55 in extension. Alternative scenario: Below 1.541 look for further downside with 1.537 & 1.533 as targets. Comment: the pair has rebounded on its support and remains on the upside. PREVIOUS NEXT USD/CHF intraday: under pressure. Pivot: 0.9455 Our preference: Short positions below 0.9455 with targets @ 0.941 & 0.938 in extension. Alternative scenario: Above 0.9455 look for further upside with 0.9495 & 0.9525 as targets. Comment: the pair is posting a rebound but stands below its new resistance, the RSI lacks upward momentum. PREVIOUS NEXT USD/CAD intraday: under pressure. Pivot: 1.022 Our preference: Short positions below 1.022 with targets @ 1.0175 & 1.015 in extension. Alternative scenario: Above 1.022 look for further upside with 1.025 & 1.028 as targets. Comment: the pair is posting a rebound but stands below its resistance. PREVIOUS NEXT Crude Oil (Jun 13) intraday: further advance. Pivot: 91.10 Our preference: LONG positions above 91.1 with 93.85 & 95.1 as next targets. Alternative scenario: The downside breakout of 91.1 will open the way to 90.3 & 89.3. Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited. PREVIOUS NEXT GOLD (Spot) intraday: the bias remains bullish. Pivot: 1448.00 Our preference: LONG positions above 1448 with 1485 & 1507 in sight. Alternative scenario: The downside breakout of 1448 will open the way to 1418 & 1404. Comment: Gold prices are supported by a rising trend line and the 50 moving average is heading up. The upside prevails, as long as 1448 is support. PREVIOUS NEXT Dow Jones (Jun 13) intraday: the bias remains bullish. Pivot: 14590 Our preference: LONG positions above 14590 with 14720 & 14770 as next targets. Alternative scenario: The downside penetration of 14590 will call for 14520 & 14400. Comment: a support base at 14590 has formed and has allowed for a temporary stabilisation. PREVIOUS NEXT S&P 500 (Jun 13) intraday: bullish bias above 1568 Pivot: 1568 Our preference: LONG positions above 1568 with targets @ 1588 & 1593. 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
