Free Afternoon Forex Trading signals – July 01, 2013 Published: 1 July 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 1.3055. Pivot: 1.3055 Our preference: Short positions below 1.3055 with targets @ 1.3 & 1.298 in extension. Alternative scenario: Above 1.3055 look for further upside with 1.31 & 1.315 as targets. Comment: the pair is posting a rebound but stands below its resistance, the RSI lacks upward momentum. NEXT GBP/USD intraday: key ST resistance at 1.528. Pivot: 1.528 Our preference: Short positions below 1.528 with targets @ 1.5155 & 1.5135 in extension. Alternative scenario: Above 1.528 look for further upside with 1.5345 & 1.54 as targets. Comment: the pair stands below its resistance and remains under pressure. PREVIOUS NEXT USD/CHF intraday: the bias remains bullish. Pivot: 0.943 Our preference: Long positions above 0.943 with targets @ 0.949 & 0.954 in extension. Alternative scenario: Below 0.943 look for further downside with 0.94 & 0.938 as targets. Comment: the pair stands above its support and remains on the upside. PREVIOUS NEXT USD/CAD intraday: supported by a rising trend line. Pivot: 1.0485 Our preference: Long positions above 1.0485 with targets @ 1.0555 & 1.058 in extension. Alternative scenario: Below 1.0485 look for further downside with 1.0455 & 1.042 as targets. Comment: the pair has pushed above the upper boundary of a bearish channel and is supported by a rising trend line. PREVIOUS NEXT Crude Oil (Aug 13) intraday: the bias remains bullish. Pivot: 96.05 Our preference: LONG positions above 96.05 with 97.8 & 98.5 as next targets. Alternative scenario: The downside penetration of 96.05 will call for a slide towards 95.5 & 94.9. Comment: the RSI is bullish and calls for further advance. PREVIOUS NEXT GOLD (Spot) intraday: further advance. Pivot: 1210.00 Our preference: LONG positions above 1210 with targets @ 1271 & 1288. Alternative scenario: The downside penetration of 1210 will call for a slide towards 1180 & 1150. Comment: the price has broken above an intraday declining trend line. PREVIOUS NEXT Dow Jones (Sep 13) intraday: the downside prevails. Pivot: 15020 Our preference: SHORT positions below 15020 with 14730 & 14620 in sight. Alternative scenario: The upside breakout of 15020 will open the way to 15130 & 15280. Comment: as long as the resistance at 15020 is not surpassed, the risk of the break below 14730 remains high. PREVIOUS NEXT S&P 500 (Sep 13) intraday: the downside prevails. Pivot: 1614 Our preference: SHORT positions below 1614 with 1584 & 1572 in sight. Alternative scenario: The upside breakout of 1614 will open the way to 1627 & 1641. Comment: as long as the resistance at 1614 is not surpassed, the risk of the break below 1584 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
