Free Afternoon Forex Trading signals – Apr 3, 2013 Published: 3 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: rebound. Pivot: 1.279 Our preference: Long positions above 1.279 with targets @ 1.2845 & 1.2875 in extension. Alternative scenario: Below 1.279 look for further downside with 1.277 & 1.2745 as targets. Comment: the pair is rebounding on its new support as the RSI is well directed. NEXT GBP/USD intraday: the downside prevails. Pivot: 1.5135 Our preference: Short positions below 1.5135 with targets @ 1.506 & 1.502 in extension. Alternative scenario: Above 1.5135 look for further upside with 1.5175 & 1.522 as targets. Comment: the pair has struck against its resistance and remains under pressure, the RSI stands around its neutrality area. PREVIOUS NEXT USD/CHF intraday: the upside prevails. Pivot: 0.9475 Our preference: Long positions above 0.9475 with targets @ 0.9525 & 0.955 in extension. Alternative scenario: Below 0.9475 look for further downside with 0.945 & 0.9435 as targets. Comment: the pair is rebounding on its support, the RSI is reversing up. PREVIOUS NEXT USD/CAD intraday: key ST resistance at 1.016. Pivot: 1.016 Our preference: Short positions below 1.016 with targets @ 1.012 & 1.0095 in extension. Alternative scenario: Above 1.016 look for further upside with 1.018 & 1.02 as targets. Comment: the pair has struck against its resistance and remains under pressure, the RSI is badly directed. PREVIOUS NEXT Crude Oil (May 13) intraday: the downside prevails. Pivot: 97.85 Our preference: SHORT positions below 97.85 with 95.9 & 95.25 in sight. Alternative scenario: The upside penetration of 97.85 will call for 98.35 & 98.95. Comment: as long as the resistance at 97.85 is not surpassed, the risk of the break below 95.9 remains high. PREVIOUS NEXT GOLD (Spot) intraday: the downside prevails. Pivot: 1577.50 Our preference: SHORT positions below 1577.5 with 1561 & 1556 in sight. Alternative scenario: The upside breakout of 1577.5 will open the way to 1584 & 1590. Comment: the descending 50 moving average suggests that the gold still has potential for a decline. PREVIOUS NEXT Dow Jones (Jun 13) intraday: bullish bias above 14510 Pivot: 14510 Our preference: LONG positions above 14510 with 14650 & 14715 as next targets. Alternative scenario: The downside breakout of 14510 will open the way to 14455 & 14390. Comment: the RSI is supported by a rising trend line. PREVIOUS NEXT S&P 500 (Jun 13) intraday: bullish bias above 1559 Pivot: 1559 Our preference: LONG positions above 1559 with targets @ 1570 & 1574. Alternative scenario: The downside penetration of 1559 will call for a slide towards 1552 & 1546. Comment: technically, the RSI is above its neutrality area at 50. 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
