Free Afternoon Forex Trading signals – July 29, 2013 Published: 29 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: bullish bias above 1.325. Pivot: 1.325 Our preference: Long positions above 1.325 with targets @ 1.33 & 1.337 in extension. Alternative scenario: Below 1.325 look for further downside with 1.321 & 1.3175 as targets. Comment: the upside breakout of 1.3255 maintains a bullish bias while the pair is trading in a Broadening Formation. NEXT GBP/USD intraday: bullish bias above 1.535. Pivot: 1.535 Our preference: Long positions above 1.535 with targets @ 1.543 & 1.5485 in extension. Alternative scenario: Below 1.535 look for further downside with 1.5295 & 1.526 as targets. Comment: the pair validated a Broadening Formation calling for further upside PREVIOUS NEXT USD/CHF intraday: the downside prevails. Pivot: 0.9305 Our preference: Short positions below 0.9305 with targets @ 0.9265 & 0.924 in extension. Alternative scenario: Above 0.9305 look for further upside with 0.934 & 0.94 as targets. Comment: the pair has struck against its resistance and remains under pressure. PREVIOUS NEXT USD/CAD intraday: under pressure. Pivot: 1.0325 Our preference: Short positions below 1.0325 with targets @ 1.025 & 1.0215 in extension. Alternative scenario: Above 1.0325 look for further upside with 1.0355 & 1.0395 as targets. Comment: as long as 1.0325 is resistance, look for choppy price action with a bearish bias. PREVIOUS NEXT Crude Oil (Sep 13) intraday: the downside prevails. Pivot: 105.90 Our preference: SHORT positions below 105.9 with 103.2 & 102 as next targets. Alternative scenario: The upside penetration of 105.9 will call for 106.85 & 107.5. Comment: Crude Oil prices remain within a descending channel. PREVIOUS NEXT GOLD (Spot) intraday: the downside prevails. Pivot: 1340.00 Our preference: SHORT positions below 1340 with targets @ 1322 & 1309. Alternative scenario: The upside breakout of 1340 will open the way to 1348 & 1357. Comment: as long as 1340 is resistance, look for choppy price action with a bearish bias. PREVIOUS NEXT Dow Jones (Sep 13) intraday: continuation of the rebound. Pivot: 15340 Our preference: LONG positions above 15340 with 15520 & 15565 as next targets. Alternative scenario: The downside penetration of 15340 will call for 15260 & 15195. Comment: the RSI lacks downward momentum. PREVIOUS NEXT S&P 500 (Sep 13) intraday: the upside prevails. Pivot: 1671 Our preference: LONG positions above 1671 with 1695 & 1701 as next targets. Alternative scenario: The downside breakout of 1671 will open the way to 1666 & 1661. Comment: the RSI lacks downward momentum. 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
