Free Afternoon Forex Trading signals – Feb 6, 2013 Published: 6 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: 1.3615 Our preference: Short positions below 1.3615 with targets @ 1.3455 & 1.343 in extension. Alternative scenario: Above 1.3615 look for further upside with 1.365 & 1.371 as targets. Comment: technically, the RSI is below its neutrality area at 50. NEXT GBP/USD intraday: key ST resistance at 1.569. Pivot: 1.569 Our preference: Short positions below 1.569 with targets @ 1.56 & 1.5575 in extension. Alternative scenario: Above 1.569 look for further upside with 1.571 & 1.574 as targets. Comment: the upward potential is likely to be limited by the resistance at 1.569. PREVIOUS NEXT USD/CHF intraday: continuation of the rebound. Pivot: 0.905 Our preference: Long positions above 0.905 with targets @ 0.917 & 0.9205 in extension. Alternative scenario: Below 0.905 look for further downside with 0.9015 & 0.897 as targets. Comment: the RSI broke above a declining trend line. PREVIOUS NEXT USD/CAD intraday: intraday support around 0.9945. Pivot: 0.9945 Our preference: Long positions above 0.9945 with targets @ 1.0005 & 1.0045 in extension. Alternative scenario: Below 0.9945 look for further downside with 0.9915 & 0.99 as targets. Comment: the RSI is bullish and calls for further upside. PREVIOUS NEXT Crude Oil (Mar 13) intraday: the downside prevails. Pivot: 96.70 Our preference: SHORT positions below 96.7 with 95.5 & 95 in sight. Alternative scenario: The upside penetration of 96.7 will call for a rebound towards 97 & 97.4. Comment: capped by a negative trend line. PREVIOUS NEXT GOLD (Spot) intraday: the bias remains bullish. Pivot: 1661.00 Our preference: LONG positions above 1661 with targets @ 1684 & 1695. Alternative scenario: The downside breakout of 1661 will open the way to 1652 & 1643. Comment: supported by a rising trend line. PREVIOUS NEXT Dow Jones (Mar 13) intraday: bullish bias above 13800 Pivot: 13800 Our preference: LONG positions above 13800 with 13960 & 14035 as next targets. Alternative scenario: The downside penetration of 13800 will call for a slide towards 13740 & 13670. Comment: the next resistances are at 13960 and then at 14035. PREVIOUS NEXT S&P 500 (Mar 13) intraday: the upside prevails. Pivot: 1496 Our preference: LONG positions above 1496 with 1511 & 1515 in sight. Alternative scenario: The downside breakout of 1496 will open the way to 1490 & 1483. Comment: the next resistances are at 1511 and then at 1515. 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
