Free Afternoon Forex Trading signals – Feb 4, 2013 Published: 4 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 1.364. Pivot: 1.364 Our preference: Short positions below 1.364 with targets @ 1.3525 & 1.3475 in extension. Alternative scenario: Above 1.364 look for further upside with 1.371 & 1.3745 as targets. Comment: the RSI is bearish and calls for further downside. NEXT GBP/USD intraday: the downside prevails. Pivot: 1.5775 Our preference: Short positions below 1.5775 with targets @ 1.567 & 1.5635 in extension. Alternative scenario: Above 1.5775 look for further upside with 1.58 & 1.5845 as targets. Comment: the RSI is badly directed. PREVIOUS NEXT USD/CHF intraday: key ST resistance at 0.9125. Pivot: 0.9125 Our preference: Short positions below 0.9125 with targets @ 0.9015 & 0.897 in extension. Alternative scenario: Above 0.9125 look for further upside with 0.917 & 0.919 as targets. Comment: as long as 0.9125 is resistance, look for choppy price action with a bearish bias. PREVIOUS NEXT USD/CAD intraday: under pressure. Pivot: 0.998 Our preference: Short positions below 0.998 with targets @ 0.9945 & 0.9915 in extension. Alternative scenario: Above 0.998 look for further upside with 1.0005 & 1.0045 as targets. Comment: technically, the RSI is below its neutrality area at 50. PREVIOUS NEXT Crude Oil (Mar 13) intraday: key ST resistance at 98.2 Pivot: 98.20 Our preference: SHORT positions below 98.2 with 96.5 & 95.5 in sight. Alternative scenario: The upside penetration of 98.2 will call for 99.6 & 100.6. Comment: the RSI is bearish and calls for further downside. PREVIOUS NEXT GOLD (Spot) intraday: rebound. Pivot: 1660.00 Our preference: LONG positions above 1660 with targets @ 1673 & 1684. Alternative scenario: The downside breakout of 1660 will open the way to 1652 & 1643. Comment: supported by a rising trend line. PREVIOUS NEXT Dow Jones Industrial Average intraday: bullish bias above 13900 Pivot: 13900 Our preference: LONG positions above 13900 with 14050 & 14095 as next targets. Alternative scenario: The downside penetration of 13900 will call for a slide towards 13795 & 13730. Comment: the RSI advocates for further advance. PREVIOUS NEXT S&P 500 (Mar 13) intraday: the bias remains bullish. Pivot: 1498 Our preference: LONG positions above 1498 with targets @ 1515 & 1520. Alternative scenario: The downside penetration of 1498 will call for 1490 & 1483. Comment: the RSI is bullish and calls for further upside. 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
