Free Afternoon Forex Trading signals – Aug 16, 2013 Published: 16 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: 1.3315. Our preference: LONG positions above 1.3315 with 1.337 & 1.34 in sight. Alternative scenario: The downside penetration of 1.3315 will call for 1.327 & 1.3235. Comment: the pair stands above its support. NEXT GBP/USD intraday: the upside prevails. Pivot: 1.557 Our preference: Long positions above 1.557 with targets @ 1.565 & 1.5685 in extension. Alternative scenario: Below 1.557 look for further downside with 1.554 & 1.549 as targets. Comment: the pair remains on the upside and is challenging its resistance. PREVIOUS NEXT USD/CHF intraday: under pressure. Pivot: 0.931 Our preference: Short positions below 0.931 with targets @ 0.923 & 0.92 in extension. Alternative scenario: Above 0.931 look for further upside with 0.9335 & 0.9375 as targets. Comment: the pair stands below its resistance and remains under pressure. PREVIOUS NEXT USD/CAD intraday: consolidation in place. Pivot: 1.037 Our preference: Short positions below 1.037 with targets @ 1.027 & 1.0245 in extension. Alternative scenario: Above 1.037 look for further upside with 1.04 & 1.044 as targets. Comment: as long as 1.037 is resistance, likely decline to 1.027. PREVIOUS NEXT Crude Oil (Sep 13) intraday: the bias remains bullish. Pivot: 106.70 Our preference: LONG positions above 106.7 with 108.15 & 108.75 in sight. Alternative scenario: The downside penetration of 106.7 will call for 105.6 & 105. Comment: the RSI is supported by a bullish trend line. PREVIOUS NEXT GOLD (Spot) intraday: further advance. Pivot: 1342.00 Our preference: LONG positions above 1342 with targets @ 1375 & 1394. Alternative scenario: The downside penetration of 1342 will call for 1318 & 1305. Comment: the break above 1342 is a positive signal that has opened a path to 1375. PREVIOUS NEXT Dow Jones (Sep 13) intraday: caution. Pivot: 15260 Our preference: SHORT positions below 15260 with targets @ 15035 & 15000. Alternative scenario: The upside penetration of 15260 will call for 15360 & 15470. Comment: the RSI broke above a bearish trend line. PREVIOUS NEXT S&P 500 (Sep 13) intraday: caution. Pivot: 1676 Our preference: SHORT positions below 1676 with 1653 & 1648 in sight. Alternative scenario: The upside breakout of 1676 will open the way to 1686 & 1694. Comment: the RSI broke above a declining 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