Free Afternoon Forex Trading signals – Feb 11, 2013 Published: 11 February 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 downside prevails. Pivot: 1.3425 Our preference: Short positions below 1.3425 with targets @ 1.3345 & 1.3315 in extension. Alternative scenario: Above 1.3425 look for further upside with 1.3455 & 1.35 as targets. Comment: as long as 1.3425 is resistance, look for choppy price action with a bearish bias. NEXT GBP/USD intraday: the downside prevails. Pivot: 1.578 Our preference: Short positions below 1.578 with targets @ 1.5675 & 1.563 in extension. Alternative scenario: Above 1.578 look for further upside with 1.584 & 1.588 as targets. Comment: the upward potential is likely to be limited by the resistance at 1.578. PREVIOUS NEXT USD/CHF intraday: bullish bias above 0.915. Pivot: 0.915 Our preference: Long positions above 0.915 with targets @ 0.922 & 0.925 in extension. Alternative scenario: Below 0.915 look for further downside with 0.911 & 0.906 as targets. Comment: a support base at 0.915 has formed and has allowed for a temporary stabilisation. PREVIOUS NEXT USD/CAD intraday: the upside prevails. Pivot: 1.0035 Our preference: Long positions above 1.0035 with targets @ 1.0085 & 1.01 in extension. Alternative scenario: Below 1.0035 look for further downside with 1 & 0.9985 as targets. Comment: the immediate trend remains up and the momentum is strong. PREVIOUS NEXT Crude Oil (Mar 13) intraday: key ST resistance at 96.5 Pivot: 96.50 Our preference: SHORT positions below 96.5 with 95 & 94.3 as next targets. Alternative scenario: The upside penetration of 96.5 will call for a rebound towards 97.2 & 98.2. Comment: the RSI is capped by a bearish trend line. PREVIOUS NEXT GOLD (Spot) intraday: the downside prevails. Pivot: 1684.00 Our preference: SHORT positions below 1684 with 1652 & 1643 as next targets. Alternative scenario: The upside breakout of 1684 will open the way to 1695 & 1698. Comment: the RSI is bearish and calls for further decline. PREVIOUS NEXT Dow Jones (Mar 13) intraday: the bias remains bullish. Pivot: 13880 Our preference: LONG positions above 13880 with 14000 & 14035 as next targets. Alternative scenario: The downside penetration of 13880 will call for a slide towards 13800 & 13740. Comment: technically, the RSI is above its neutrality area at 50. PREVIOUS NEXT S&P 500 (Mar 13) intraday: the upside prevails. Pivot: 1508 Our preference: LONG positions above 1508 with 1518 & 1522 as next targets. Alternative scenario: The downside breakout of 1508 will open the way to 1504 & 1496. Comment: 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
