Free Afternoon Forex Trading signals – Aug 2, 2013 Published: 2 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: under pressure. Pivot: 1.327 Our preference: Short positions below 1.327 with targets @ 1.3175 & 1.3145 in extension. Alternative scenario: Above 1.327 look for further upside with 1.33 & 1.3345 as targets. Comment: the pair remains under pressure and is challenging its support. NEXT GBP/USD intraday: the downside prevails. Pivot: 1.518 Our preference: Short positions below 1.518 with targets @ 1.5095 & 1.507 in extension. Alternative scenario: Above 1.518 look for further upside with 1.525 & 1.529 as targets. Comment: the pair is posting a rebound but stands below its resistance. PREVIOUS NEXT USD/CHF intraday: the bias remains bullish. Pivot: 0.9325 Our preference: Long positions above 0.9325 with targets @ 0.9395 & 0.941 in extension. Alternative scenario: Below 0.9325 look for further downside with 0.929 & 0.925 as targets. Comment: the pair remains on the upside and is approaching its resistance, the RSI is well directed. PREVIOUS NEXT USD/CAD intraday: further advance. Pivot: 1.033 Our preference: Long positions above 1.033 with targets @ 1.0405 & 1.044 in extension. Alternative scenario: Below 1.033 look for further downside with 1.0275 & 1.0245 as targets. Comment: the RSI advocates for further advance. PREVIOUS NEXT Crude Oil (Sep 13) intraday: further advance. Pivot: 106.45 Our preference: LONG positions above 106.45 with targets @ 108.8 & 110.7. Alternative scenario: The downside breakout of 106.45 will open the way to 105 & 102.7. Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited. PREVIOUS NEXT GOLD (Spot) intraday: towards 1244 Pivot: 1309.00 Our preference: SHORT positions below 1309 with targets @ 1266 & 1244. Alternative scenario: The upside penetration of 1309 will call for a rebound towards 1328 & 1339. Comment: the break below 1309 is a negative signal that has opened a path to 1266. PREVIOUS NEXT Dow Jones (Sep 13) intraday: the bias remains bullish. Pivot: 15430 Our preference: LONG positions above 15430 with 15640 & 15670 as next targets. Alternative scenario: The downside breakout of 15430 will open the way to 15395 & 15345. Comment: the RSI is supported by a bullish trend line. PREVIOUS NEXT S&P 500 (Sep 13) intraday: bullish bias above 1684 Pivot: 1684 Our preference: LONG positions above 1684 with 1709 & 1712 in sight. Alternative scenario: The downside penetration of 1684 will call for a slide towards 1677 & 1671. 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
