Free Afternoon Forex Trading signals – Feb 27, 2013 Published: 27 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: under pressure. Pivot: 1.312 Our preference: Short positions below 1.312 with targets @ 1.306 & 1.303 in extension. Alternative scenario: Above 1.312 look for further upside with 1.3145 & 1.3205 as targets. Comment: the pair is posting a rebound but stands below its resistance, the RSI lacks upward momentum. NEXT GBP/USD intraday: capped by a negative trend line. Pivot: 1.5155 Our preference: Short positions below 1.5155 with targets @ 1.507 & 1.504 in extension. Alternative scenario: Above 1.5155 look for further upside with 1.522 & 1.528 as targets. Comment: the pair is rebounding but remains capped by a declining trend line. PREVIOUS NEXT USD/CHF intraday: the upside prevails. Pivot: 0.9285 Our preference: Long positions above 0.9285 with targets @ 0.934 & 0.936 in extension. Alternative scenario: Below 0.9285 look for further downside with 0.926 & 0.923 as targets. Comment: the pair is pulling back on its support, the RSI lacks downward momentum. PREVIOUS NEXT USD/CAD intraday: bullish bias above 1.024. Pivot: 1.024 Our preference: Long positions above 1.024 with targets @ 1.03 & 1.0325 in extension. Alternative scenario: Below 1.024 look for further downside with 1.0205 & 1.018 as targets. Comment: the pair remains in an intraday bullish channel and intraday technical indicators are on the upside. PREVIOUS NEXT Crude Oil (Apr 13) intraday: under pressure. Pivot: 94.25 Our preference: SHORT positions below 94.25 with 91.9 & 91 in sight. Alternative scenario: The upside penetration of 94.25 will call for 95.7 & 97.5. Comment: as long as the resistance at 94.25 is not surpassed, the risk of the break below 91.9 remains high. PREVIOUS NEXT GOLD (Spot) intraday: the bias remains bullish. Pivot: 1594.00 Our preference: LONG positions above 1594 with 1617 & 1625 as next targets. Alternative scenario: The downside penetration of 1594 will call for 1584 & 1570. Comment: the price remains supported by a rising trend line. A test of 1625 seems more likely. PREVIOUS NEXT Dow Jones (Mar 13) intraday: key ST resistance at 13990 Pivot: 13990 Our preference: SHORT positions below 13990 with 13745 & 13700 as next targets. Alternative scenario: The upside penetration of 13990 will call for 14060 & 14120. Comment: as long as the resistance at 13990 is not surpassed, the risk of the break below 13745 remains high. PREVIOUS NEXT S&P 500 (Mar 13) intraday: the downside prevails. Pivot: 1512 Our preference: SHORT positions below 1512 with targets @ 1483 & 1475. Alternative scenario: The upside penetration of 1512 will call for a rebound towards 1524 & 1530. Comment: as long as the resistance at 1512 is not surpassed, the risk of the break below 1483 remains high. 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
