Free Afternoon Forex Trading signals – Feb 28, 2013 Published: 28 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 upside prevails. Pivot: 1.3065 Our preference: Long positions above 1.3065 with targets @ 1.3165 & 1.3205 in extension. Alternative scenario: Below 1.3065 look for further downside with 1.303 & 1.301 as targets. Comment: the pair is rebounding on its support and should post further advance as the RSI is reversing up from its oversold area. NEXT GBP/USD intraday: the upside prevails. Pivot: 1.511 Our preference: Long positions above 1.511 with targets @ 1.522 & 1.528 in extension. Alternative scenario: Below 1.511 look for further downside with 1.507 & 1.504 as targets. Comment: the pair remains on the upside and is challenging its resistance, the RSI is well directed. PREVIOUS NEXT USD/CHF intraday: under pressure. Pivot: 0.934 Our preference: Short positions below 0.934 with targets @ 0.926 & 0.923 in extension. Alternative scenario: Above 0.934 look for further upside with 0.936 & 0.939 as targets. Comment: the pair is rebounding but stands below its resistance. PREVIOUS NEXT USD/CAD intraday: under pressure. Pivot: 1.0255 Our preference: Short positions below 1.0255 with targets @ 1.0205 & 1.018 in extension. Alternative scenario: Above 1.0255 look for further upside with 1.0275 & 1.03 as targets. Comment: the pair is posting a rebound but stands below its resistance. PREVIOUS NEXT Crude Oil (Apr 13) intraday: key ST resistance at 93.4 Pivot: 93.40 Our preference: SHORT positions below 93.4 with targets @ 91.9 & 91. Alternative scenario: The upside penetration of 93.4 will call for 94.25 & 95.7. Comment: as long as the resistance at 93.4 is not surpassed, the risk of the break below 91.9 remains high. PREVIOUS NEXT GOLD (Spot) intraday: the downside prevails. Pivot: 1603.00 Our preference: SHORT positions below 1603 with 1584 & 1570 in sight. Alternative scenario: The upside penetration of 1603 will call for a rebound towards 1617 & 1625. Comment: a bearish flag is completed, eye a drop towards 1584. PREVIOUS NEXT Dow Jones (Mar 13) intraday: the upside prevails. Pivot: 13900 Our preference: LONG positions above 13900 with 14120 & 14185 in sight. Alternative scenario: The downside penetration of 13900 will call for 13840 & 13745. Comment: technically, the RSI is above its neutrality area at 50. PREVIOUS NEXT S&P 500 (Mar 13) intraday: the upside prevails. Pivot: 1497 Our preference: LONG positions above 1497 with 1524 & 1530 as next targets. Alternative scenario: The downside penetration of 1497 will call for a slide towards 1483 & 1475. Comment: technically, 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
