Free Afternoon Forex Trading signals – Aug 09, 2013 Published: 9 August 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: 1.3345 Our preference: Long positions above 1.3345 with targets @ 1.3415 & 1.345 in extension. Alternative scenario: Below 1.3345 look for further downside with 1.331 & 1.329 as targets. Comment: the pair is approaching our MT pivot point set at 1.3415, caution. The upside breakout of this level would trigger a bullish acceleration. NEXT GBP/USD intraday: the upside prevails. Pivot: 1.548 Our preference: Long positions above 1.548 with targets @ 1.5595 & 1.5675 in extension. Alternative scenario: Below 1.548 look for further downside with 1.5435 & 1.5385 as targets. Comment: the pair stands above its support and remains on the upside. PREVIOUS NEXT USD/CHF intraday: under pressure. Pivot: 0.924 Our preference: Short positions below 0.924 with targets @ 0.918 & 0.913 in extension. Alternative scenario: Above 0.924 look for further upside with 0.926 & 0.93 as targets. Comment: the pair remains on the downside and is challenging its previous low. PREVIOUS NEXT USD/CAD intraday: break of a ST rising trendline support. Pivot: 1.04 Our preference: Short positions below 1.04 with targets @ 1.028 & 1.0245 in extension. Alternative scenario: Above 1.04 look for further upside with 1.044 & 1.0495 as targets. Comment: the pair has broken below a key rising trend line turning the outlook bearish. PREVIOUS NEXT Crude Oil (Sep 13) intraday: the downside prevails. Pivot: 104.95 Our preference: SHORT positions below 104.95 with 102.25 & 100.6 in sight. Alternative scenario: The upside penetration of 104.95 will call for 106.2 & 107.25. Comment: as long as 104.95 is resistance, likely decline to 102.25. PREVIOUS NEXT GOLD (Spot) intraday: the bias remains bullish. Pivot: 1296.00 Our preference: LONG positions above 1296 with targets @ 1320 & 1328. Alternative scenario: The downside penetration of 1296 will call for a slide towards 1288 & 1273. Comment: the RSI lacks downward momentum. PREVIOUS NEXT Dow Jones (Sep 13) intraday: bullish bias above 15370 Pivot: 15370 Our preference: LONG positions above 15370 with 15515 & 15565 as next targets. Alternative scenario: The downside breakout of 15370 will open the way to 15340 & 15285. Comment: the RSI is mixed with a bullish bias. PREVIOUS NEXT S&P 500 (Sep 13) intraday: bullish bias above 1684 Pivot: 1684 Our preference: LONG positions above 1684 with 1697 & 1701 as next targets. Alternative scenario: The downside breakout of 1684 will open the way to 1680 & 1677. Comment: the RSI is mixed to bullish. 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
