Free Afternoon Forex Trading signals – Apr 5, 2013 Published: 5 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 bias remains bullish. Pivot: 1.288 Our preference: Long positions above 1.288 with targets @ 1.295 & 1.297 in extension. Alternative scenario: Below 1.288 look for further downside with 1.284 & 1.2805 as targets. Comment: the pair has rebounded on its support and remains on the upside, the RSI stands above its neutrality area. NEXT GBP/USD intraday: the bias remains bullish. Pivot: 1.5175 Our preference: Long positions above 1.5175 with targets @ 1.526 & 1.532 in extension. Alternative scenario: Below 1.5175 look for further downside with 1.515 & 1.511 as targets. Comment: the pair is rebounding on its support as the RSI is well directed. PREVIOUS NEXT USD/CHF intraday: under pressure. Pivot: 0.9435 Our preference: Short positions below 0.9435 with targets @ 0.938 & 0.9335 in extension. Alternative scenario: Above 0.9435 look for further upside with 0.9465 & 0.949 as targets. Comment: the pair has struck against its resistance and remains under pressure, the RSI stands below its neutrality area and is turning down. PREVIOUS NEXT USD/CAD intraday: the downside prevails. Pivot: 1.016 Our preference: Short positions below 1.016 with targets @ 1.011 & 1.0095 in extension. Alternative scenario: Above 1.016 look for further upside with 1.018 & 1.02 as targets. Comment: the pair is posting a rebound but stands below its resistance, the RSI lacks upward momentum. PREVIOUS NEXT Crude Oil (May 13) intraday: the downside prevails. Pivot: 94.25 Our preference: SHORT positions below 94.25 with 92.15 & 91.3 in sight. Alternative scenario: The upside breakout of 94.25 will open the way to 94.8 & 95.6. Comment: technically, the RSI is below its neutrality area at 50. PREVIOUS NEXT GOLD (Spot) intraday: the downside prevails. Pivot: 1563.00 Our preference: SHORT positions below 1563 with 1549 & 1541 in sight. Alternative scenario: The upside penetration of 1563 will call for a rebound towards 1577 & 1584. Comment: as long as 1563 is resistance, look for choppy price action with a bearish bias. PREVIOUS NEXT Dow Jones (Jun 13) intraday: key ST resistance at 14520 Pivot: 14520 Our preference: SHORT positions below 14520 with targets @ 14390 & 14350. Alternative scenario: The upside penetration of 14520 will call for 14555 & 14610. Comment: the RSI is capped by a bearish trend line. PREVIOUS NEXT S&P 500 (Jun 13) intraday: turning down. Pivot: 1556 Our preference: SHORT positions below 1556 with 1539 & 1530 as next targets. Alternative scenario: The upside penetration of 1556 will call for 1563 & 1568. Comment: the RSI broke below 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
