Free Afternoon Forex Trading signals – Feb 15, 2013 Published: 15 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: 1.338 Our preference: Short positions below 1.338 with targets @ 1.3305 & 1.326 in extension. Alternative scenario: Above 1.338 look for further upside with 1.3415 & 1.344 as targets. Comment: as long as the resistance at 1.338 is not surpassed, the risk of the break below 1.3305 remains high. NEXT GBP/USD intraday: under pressure. Pivot: 1.5545 Our preference: Short positions below 1.5545 with targets @ 1.545 & 1.541 in extension. Alternative scenario: Above 1.5545 look for further upside with 1.56 & 1.5635 as targets. Comment: as long as the resistance at 1.5545 is not surpassed, the risk of the break below 1.545 remains high. PREVIOUS NEXT USD/CHF intraday: consolidation in place. Pivot: 0.9245 Our preference: Short positions below 0.9245 with targets @ 0.92 & 0.9175 in extension. Alternative scenario: Above 0.9245 look for further upside with 0.929 & 0.9315 as targets. Comment: the RSI lacks upward momentum. PREVIOUS NEXT USD/CAD intraday: key ST resistance at 1.0025. Pivot: 1.0025 Our preference: Short positions below 1.0025 with targets @ 0.999 & 0.9965 in extension. Alternative scenario: Above 1.0025 look for further upside with 1.0045 & 1.0065 as targets. Comment: the RSI has struck against a major resistance around 70% and is reversing down. PREVIOUS NEXT Crude Oil (Mar 13) intraday: rebound in sight. Pivot: 96.50 Our preference: LONG positions above 96.5 with targets @ 98.1 & 99.3. Alternative scenario: The downside penetration of 96.5 will call for 95.85 & 95. Comment: intraday support around 96.5 PREVIOUS NEXT GOLD (Spot) intraday: the downside prevails. Pivot: 1650.00 Our preference: SHORT positions below 1650 with 1621 & 1612 as next targets. Alternative scenario: The upside penetration of 1650 will call for a rebound towards 1662 & 1673. Comment: the 20 and 50 moving average are heading downward. Technical indicators do not post any reversal signal. PREVIOUS NEXT Dow Jones (Mar 13) intraday: key ST resistance at 14000 Pivot: 14000 Our preference: SHORT positions below 14000 with 13880 & 13800 as next targets. Alternative scenario: The upside penetration of 14000 will call for a rebound towards 14035 & 14070. Comment: as long as 14000 is resistance, look for choppy price action with a bearish bias. PREVIOUS NEXT S&P 500 (Mar 13) intraday: key ST resistance at 1522 Pivot: 1522 Our preference: SHORT positions below 1522 with 1510 & 1504 in sight. Alternative scenario: The upside penetration of 1522 will call for a rebound towards 1525 & 1529. Comment: as long as 1522 is resistance, look for choppy price action with a bearish bias. 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
