Free Afternoon Forex Trading signals – Feb 19, 2013 Published: 19 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: key resistance at 1.338. 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: the pair stands below its new strong resistance and remains under pressure, the RSI stands around its neutrality area. NEXT GBP/USD intraday: key ST resistance at 1.551. Pivot: 1.551 Our preference: Short positions below 1.551 with targets @ 1.5435 & 1.541 in extension. Alternative scenario: Above 1.551 look for further upside with 1.555 & 1.56 as targets. Comment: the pair remains in an intraday bearish channel. 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: a support base at 0.92 has formed and has allowed for a temporary stabilisation. PREVIOUS NEXT USD/CAD intraday: the upside prevails. Pivot: 1.008 Our preference: Long positions above 1.008 with targets @ 1.015 & 1.017 in extension. Alternative scenario: Below 1.008 look for further downside with 1.005 & 1.0025 as targets. Comment: the pair has broken above its resistance and stands above its new support, further advance is likely towards the previous high. PREVIOUS NEXT Crude Oil (Mar 13) intraday: the downside prevails. Pivot: 97.05 Our preference: SHORT positions @ 96.6 with targets @ 95 & 93.7. Alternative scenario: The upside penetration of 97.05 will call for 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: the downside prevails. Pivot: 1629.00 Our preference: SHORT positions @ 1625 with 1598 & 1589 in sight. Alternative scenario: The upside penetration of 1629 will call for 1640 & 1654. Comment: the upward potential is likely to be limited by the resistance at 1629. 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 penetration of 1522 will call for 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
