Free Afternoon Forex Trading signals – Mar 04, 2013 Published: 4 March 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 1.305. Pivot: 1.305 Our preference: Short positions below 1.305 with targets @ 1.297 & 1.2945 in extension. Alternative scenario: Above 1.305 look for further upside with 1.3095 & 1.313 as targets. Comment: the pair remains capped by a declining trend line and remains under pressure, the RSI stands below its neutrality area. NEXT GBP/USD intraday: under pressure. Pivot: 1.509 Our preference: Short positions below 1.509 with targets @ 1.498 & 1.495 in extension. Alternative scenario: Above 1.509 look for further upside with 1.515 & 1.522 as targets. Comment: the pair stands below its new resistance (former support) and remains under pressure, the RSI stands around its neutrality area. PREVIOUS NEXT USD/CHF intraday: the bias remains bullish. Pivot: 0.9375 Our preference: Long positions above 0.9375 with targets @ 0.947 & 0.949 in extension. Alternative scenario: Below 0.9375 look for further downside with 0.934 & 0.931 as targets. Comment: the pair stands above its new support and should post further advance towards its previous high. PREVIOUS NEXT USD/CAD intraday: the upside prevails. Pivot: 1.026 Our preference: Long positions above 1.026 with targets @ 1.0315 & 1.0345 in extension. Alternative scenario: Below 1.026 look for further downside with 1.0235 & 1.021 as targets. Comment: the pair is facing a pull back ahead of further advance. PREVIOUS NEXT Crude Oil (Apr 13) intraday: the downside prevails. Pivot: 91.40 Our preference: SHORT positions below 91.4 with 89.9 & 89.3 in sight. Alternative scenario: The upside penetration of 91.4 will call for 92.05 & 93.4. Comment: as long as 91.4 is resistance, look for choppy price action with a bearish bias. PREVIOUS NEXT GOLD (Spot) intraday: up turn. Pivot: 1565.00 Our preference: LONG positions above 1565 with 1587 & 1592 as next targets. Alternative scenario: The downside penetration of 1565 will call for a slide towards 1555 & 1538. Comment: the price has broken up its bearish channel. The RSI is mixed with a bullish bias. As long as 1565 is support, a recovery is more likely. PREVIOUS NEXT Dow Jones (Mar 13) intraday: the upside prevails. Pivot: 13900 Our preference: LONG positions above 13900 with targets @ 14130 & 14185. Alternative scenario: The downside penetration of 13900 will call for a slide towards 13840 & 13745. Comment: the RSI lacks downward momentum. PREVIOUS NEXT S&P 500 (Mar 13) intraday: the upside prevails. Pivot: 1497 Our preference: LONG positions above 1497 with targets @ 1524 & 1530. Alternative scenario: The downside breakout of 1497 will open the way to 1483 & 1475. 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
