Free Afternoon Forex Trading signals – Feb 18, 2013 Published: 18 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: capped by a negative trend line. Pivot: 1.551 Our preference: Short positions below 1.551 with targets @ 1.541 & 1.534 in extension. Alternative scenario: Above 1.551 look for further upside with 1.555 & 1.56 as targets. Comment: the RSI is bearish and calls for further decline. PREVIOUS NEXT USD/CHF intraday: intraday support around 0.92. Pivot: 0.92 Our preference: Long positions above 0.92 with targets @ 0.9255 & 0.929 in extension. Alternative scenario: Below 0.92 look for further downside with 0.9175 & 0.915 as targets. Comment: the RSI lacks downward momentum. PREVIOUS NEXT USD/CAD intraday: bullish bias above 1.0025. Pivot: 1.0025 Our preference: Long positions above 1.0025 with targets @ 1.01 & 1.0125 in extension. Alternative scenario: Below 1.0025 look for further downside with 0.9995 & 0.997 as targets. Comment: the pair remains on the upside and is challenging its previous high, the RSI stands above its neutrality area. PREVIOUS NEXT Crude Oil (Mar 13) intraday: the downside prevails. Pivot: 97.05 Our preference: SHORT positions below 97.05 with 95 & 93.7 in sight. Alternative scenario: The upside breakout of 97.05 will open the way to 98.1 & 99.3. Comment: as long as the resistance at 97.05 is not surpassed, the risk of the break below 95 remains high. PREVIOUS NEXT GOLD (Spot) intraday: key ST resistance at 1629 Pivot: 1629.00 Our preference: SHORT positions below 1629 with targets @ 1598 & 1589. Alternative scenario: The upside penetration of 1629 will call for 1640 & 1654. Comment: technically, the RSI is below its neutrality area at 50. PREVIOUS NEXT Dow Jones (Mar 13) intraday: key ST resistance at 14000 Pivot: 14000 Our preference: SHORT positions below 14000 with 13880 & 13800 in sight. Alternative scenario: The upside breakout of 14000 will open the way to 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 as next targets. Alternative scenario: The upside breakout of 1522 will open the way to 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
