Free Afternoon Forex Trading signals – July 12, 2013 Published: 12 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 1.314. Pivot: 1.314 Our preference: Short positions below 1.314 with targets @ 1.299 & 1.295 in extension. Alternative scenario: Above 1.314 look for further upside with 1.3205 & 1.325 as targets. Comment: the pair stands below its previous high and remains under pressure. NEXT GBP/USD intraday: the upside prevails. Pivot: 1.505 Our preference: Long positions above 1.505 with targets @ 1.519 & 1.5235 in extension. Alternative scenario: Below 1.505 look for further downside with 1.5 & 1.491 as targets. Comment: the pair is facing a pull back on its support. PREVIOUS NEXT USD/CHF intraday: under pressure. Pivot: 0.953 Our preference: Short positions below 0.953 with targets @ 0.944 & 0.94 in extension. Alternative scenario: Above 0.953 look for further upside with 0.958 & 0.962 as targets. Comment: the pair is posting a rebound but stands below its resistance. PREVIOUS NEXT USD/CAD intraday: under pressure. Pivot: 1.0435 Our preference: Short positions below 1.0435 with targets @ 1.0325 & 1.0285 in extension. Alternative scenario: Above 1.0435 look for further upside with 1.047 & 1.052 as targets. Comment: the pair remains on the downside and is approaching its previous low. PREVIOUS NEXT Crude Oil (Aug 13) intraday: the bias remains bullish. Pivot: 104.00 Our preference: LONG positions above 104 with 107.8 & 110 as next targets. Alternative scenario: The downside breakout of 104 will open the way to 102 & 100.5. Comment: intraday support around 104 PREVIOUS NEXT GOLD (Spot) intraday: further advance. Pivot: 1247.00 Our preference: LONG positions @ 1267 with 1300 & 1327 as next targets. Alternative scenario: The downside penetration of 1247 will call for a slide towards 1228 & 1208. Comment: the break above 1267 is a positive signal that has opened a path to 1300. PREVIOUS NEXT Dow Jones (Sep 13) intraday: further upside. Pivot: 15260 Our preference: LONG positions above 15260 with targets @ 15490 & 15560. Alternative scenario: The downside breakout of 15260 will open the way to 15150 & 15000. Comment: the RSI is above its neutrality area at 50%. PREVIOUS NEXT S&P 500 (Sep 13) intraday: further advance. Pivot: 1652 Our preference: LONG positions above 1652 with targets @ 1680 & 1685. Alternative scenario: The downside penetration of 1652 will call for a slide towards 1639 & 1626. 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
